DebtX, a marketplace for loans, plans to sell $1.1 billion in commercial real estate and residential loans in 10 separate transactions through early December, according to the company.

The sales include $784 million in commercial real estate loans and $363 million in residential loans, with collateral located across the United States. DebtX is executing the transactions on behalf of commercial banks, insurance companies and mortgage servicers.

“The volume of loan sales at DebtX reflects the heightened importance among financial institutions of entering 2011 with a stronger balance sheet,” said DebtX CEO Kingsley
Greenland. “Financial institutions are selling to take advantage of rising loan prices and growing demand from investors around the world.”

DebtX expects active bidding for both performing and non-performing loans, said Greenland.

DebtX is a loan sale advisor for commercial, consumer and specialty finance debt. The company operates an online marketplace for loans, with more than 6,000 registered investors and more than 300 selling institutions. They include commercial banks, insurance companies, investment banks and government-sponsored enterprises.

Investors can review due diligence materials and submit bids at www.debtx.com.