The portfolio, which bids on June 19, 2008, is comprised of seasoned, high-quality loans secured by properties in the Tri-State New York Area.

"The market for seasoned, commercial real estate loans remains active as investors continue to look aggressively for quality product," said DebtX CEO Kingsley Greenland. "With liquidity at DebtX's marketplace at an all time high, sellers and buyers are finding a growing number of opportunities to trade performing and non-performing loans to meet their unique objectives."

DebtX operates the largest and most liquid online marketplace for Commercial & Industrial (C&I), Commercial Real Estate, residential loans and selected consumer debt. With more than 4,000 investors and 300 financial institutions selling loans, DebtX's marketplace facilitates competitive bidding of loans through a highly efficient trading exchange. To help investors evaluate opportunities, DebtX's marketplace offers a suite of tools to conduct online due diligence and perform financial modeling quickly and efficiently. -- DebtX