Bank of America acquires nearly $1B in multifamily loans
The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, Bloomberg reported. A majority of the loan sale was expected to close on Friday, while the remaining $338 million will close as soon as today.
In a report released today, Matthew Clark from Piper Sandler maintained a Hold rating on HomeStreet (HMST – Research Report), with a price ...
It is selling almost a billion dollars of its multifamily commercial real estate loans to Bank of America Seattle-based ...
Locally based HomeStreet Bank announced last Friday that it's selling a multifamily loan portfolio to Bank of America. The deal, valued at $990 million, should close this week.
Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bancorp (TBBK – Research Report), Nu Holdings ...
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