Boston-based DebtX will sell approximately $200 million of performing Commercial Real Estate (CRE) loans on behalf of a major U.S. financial institution.

The sale includes 90 performing loans collateralized primarily by properties in California, New York, Washington, Washington, D.C., and Illinois. The loans were underwritten for multifamily, retail, industrial, office, warehouse, and mixed-use properties, as well as mobile home parks and self-storage facilities. Bids are due Aug. 18 by 2 p.m. Eastern.

"The loans offered in this sale will provide an opportunity to purchase product of very high quality," said DebtX CEO Kingsley Greenland. "We’re expecting strong interest from national banks, community banks and institutional investors. For sellers, the sale of performing loans demonstrates how financial institutions can work with DebtX to rebalance their portfolios through active portfolio management."