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Hilco Real Estate to Market Wextrust Capital Real Estate Portfolio.

Publication: Real Estate Business Journal
Publication Date: 09-MAY-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Hilco Real Estate, LLC has begun marketing the real estate portfolio of Wextrust Capital, the company charged by the Securities and Exchange Commission with having defrauded roughly 1,200 investors of an estimated $225 million in a Ponzi scheme.

The real estate portfolio consists of 33 income-producing properties located in seven states. A high concentration of properties is in the Southeastern U.S. Included are single and multi-tenant industrial/warehouse buildings, office/flex properties and...

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