NationsBank Corp. said Thursday that it had completed the sale of troubled real estate assets with a face value of $350 million.

The purchaser's identity was not disclosed. It has retained Amresco Institutional Inc., a NationsBank affiliate, to service the acquired loans.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.