Matthews in collaboration with Xchange.Loans is pleased to bring to marketing a non-performing loan secured by Cane Creek Apartments, a 125-unit multifamily property located in South Memphis, Tennessee. The loan is currently in receivership following borrower default and includes an existing foreclosure judgment, allowing a buyer to immediately schedule a foreclosure sale upon acquisition and pursue an accelerated path to title and control.

• UPB – $6,983,000
• Judgment Amount – $9,692,045
• Indicative Bids Due – Thursday, June 18, 2026