The portfolio, which is a combination of condominium loans and additional assets, is estimated to be worth $5 billion.
According to reports, Starwood Capital Group and investor Wilbur Ross have joined forces to make an offer. The Related Cos. with Lubert-Adler Partners and potentially a couple other real estate firms is also in the running.
Earlier reports list Lone Star Funds and Colony Capital LLC as potential bidders, although the companies have yet to confirm this.
As GlobeSt.com reported, the FDIC closed Corus in mid-September. The bank's collapse marked one of the year's largest bank failures. At the time the company had $7 billion in assets and $7 billion in deposits.
MB Financial Bank agreed to purchase the majority of the deposits as well as roughly $3 billion of assets. Prior to this deal, MB owned $8 billion in assets.
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