Institutional Distressed Asset Marketplace

Find your next opportunity on Halo Xchange®.

From institutional auctions to traditional note listings — a simpler way to buy and sell distressed CRE.

Buy or bid on pre-foreclosed SBA & USDA CRE on our Xchange

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Halo CRE Xchange is a secure online note-exchange platform that connects verified buyers with commercial asset opportunities.

500+Active Listings
200+Brokers
$2B+Transactions

Trusted by 200+ institutions across the SBA ecosystem.

First National BankHeritage CapitalSBA Lenders GroupApex FinancialSummit PartnersCoreVest FinanceFirst National BankHeritage CapitalSBA Lenders GroupApex FinancialSummit PartnersCoreVest FinanceFirst National BankHeritage CapitalSBA Lenders GroupApex FinancialSummit PartnersCoreVest FinanceFirst National BankHeritage CapitalSBA Lenders GroupApex FinancialSummit PartnersCoreVest Finance

A Few Ways You Can Get Started on Halo Loan Xchange.

Whether you are ready to bid or want to learn more first, there are several ways to take the next step in your asset investing journey.

Browse Listings

Browse our entire inventory of defaulted SBA note listings.

Help Center

Learn all you need to know to bid and transact with confidence.

Auction Calendar

Browse notes featured in our upcoming online auction events.

Pre-Foreclosure Exchange

Find live pre-foreclosure and REO opportunities near you.

Auction Recommendations Just for You.

Self Storage

$70,000 Starting Bid

Self Storage

14813 Masterson Way

Phoenix, AZ · 1,334 Sq. Ft.

Auction Ends In 1d 13h 43m

Restaurant

$125,000 Current Bid

Restaurant

7810 Damsel St

Corpus Christi, TX · 2,198 Sq. Ft.

Auction Ends In 1d 13h 43m

Healthcare

$260,000 Starting Bid

Healthcare

10025 Bexley Dr

Sacramento, CA · 1,624 Sq. Ft.

Auction Ends In 1d 15h 3m

Hotel

$125,000 Starting Bid

Hotel

8587 Aero Pines N

Brownsville, CA · 1,536 Sq. Ft.

Auction Ends In 1d 13h 58m

Convenience Store

$680,000 Starting Bid

Convenience Store

2214 Larkspur Ave

Columbus, OH · 2,910 Sq. Ft.

Auction Ends In 2d 4h 12m

CRE Trending on the Xchange

Hotel

For Sale: $1,200,000

Hotel

San Antonio, TX

Restaurant

For Sale: $450,000

Restaurant

Miami, FL

Self Storage

For Sale: $2,800,000

Self Storage

Phoenix, AZ

Healthcare

For Sale: $3,500,000

Healthcare

Atlanta, GA

Convenience Store

For Sale: $680,000

Convenience Store

Columbus, OH

Hotel

For Sale: $5,100,000

Hotel

Charlotte, NC

Restaurant

For Sale: $920,000

Restaurant

Chicago, IL

Self Storage

For Sale: $1,750,000

Self Storage

Sacramento, CA

Hotel
UpcomingHotelSan Antonio, TX
Auction Starts13d 9h 25m
Starting Bid$2,500,000

Discover Your Next CRE Asset Investment on our CRE Xchange

Identify and bid on quality SBA defaulted CRE assets through our transparent and competitive xchange platform — all online. Join the institutions who have partnered with us to successfully transact hundreds of properties.

Next Event | July 13th

JOIN OUR CRE XCHANGE TO ACCESS THE LISTINGS AND AUCTIONS

Track assets, receive real-time alerts, save future inquiries, and more — all with a free account.

Halo Loan Xchange

Halo CRE Xchange Access

Note Buyer Access

Accredited investors — log in to purchase or bid directly on defaulted SBA notes without a broker.

Brokers Access Here

Brokers gain exclusive access to Halo Loan Xchange listings, tools, and deal flow.

Company Access

Sign up your company and create user accounts so your employees can access the Exchange.

Institution Access

Banks, lenders, and LSPs — sign up to list and track your notes on the Exchange as they move to sold or auction.

SBA CRE Buying — Explained

The Best Verticals for SBA Note Investing in 2026
2026 Best Verticals for SBA Notes

The Best Verticals for SBA Note Investing in 2026

A data-driven ranking of the top 5 verticals scored by yield, recovery rate, and transaction volume.

SBA Note Valuation Methods

SBA Note Valuation Methods

Understand core valuation methods, prevent mistakes, and price notes accurately.

How to Find Qualified Note Buyers

How to Find Qualified Note Buyers

A practical guide to finding qualified buyers, from marketing your asset to closing.

SBA Liquidation Compliance Guide

SBA Liquidation Compliance Guide

What every seller needs to know about SOP 50 57 requirements before listing.

Halo CRE Xchange Helps Banks & Lenders Offload Defaulted Loan Notes*

Right Audience

100% of buyers are vetted, verified institutions — no retail noise, just serious capital.

Full Transparency

Secure data rooms, NDA gating, and full SOP 50 57 compliance documentation.

More Opportunity

Find a qualified buyer or seller faster — with real-time alerts and smart matching.

*Based on internal analysis of platform transaction timelines.

Financial dashboard and analytics

The Loan Xchange Platform

One Secure Platform for All Buy-and-Sell Defaulted SBA & USDA Loan Note Transactions

From first listing to final closing, Halo Xchange centralizes every step of a defaulted SBA note transaction — discovery, diligence, bidding, and compliance — in a single secure workspace.

Live listings across hotels, restaurants, healthcare, self-storage, and more

Secure data rooms unlocked after NDA execution

Real-time bidding with full audit trails

Built-in SBA SOP 50 57 compliance workflows

Commercial property exterior

Nationwide Loan Xchange

Connecting Brokers & Note Buyers to Distressed Asset Opportunities

Banks, credit unions, family offices, brokers, and note buyer groups across all 50 states use Halo Xchange to move distressed assets faster and with greater transparency than traditional channels.

Verified buyer and seller network

Institutional-grade due diligence on every listing

Dedicated support throughout each transaction

Loan Xchange Platform: Questions & Answers for Note Buyers

Broker discussing loan note opportunities

Transforming the way banks and lenders offload defaulted SBA & USDA loans

Join the other institutions already using Halo Loan Xhange to help banks and lenders sell their defaulted loan notes.

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