In the second deal using a new system for failed-bank asset sales, the Federal Deposit Insurance Corp. said late Tuesday that four investors will receive FDIC financing to acquire a piece of Corus Bank.

The investors, led by Starwood Capital Group, will pay $554 million to own 40% of a new entity formed to acquire $4.5 billion of assets, containing mostly construction loans and real estate owned by the failed Chicago bank. The FDIC will pitch in the other 60%.

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