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Blackstone is lead bidder in Signature Bank’s real estate loan sale

September 12, 2024 by istri

(Bloomberg) — Blackstone Inc. is the leading candidate to emerge from the Federal Deposit Insurance Corp.’s sale of Signature Bank debt, according to people familiar with the matter. can gain a portfolio of commercial real estate loans worth approximately $17 billion. Most read by Bloomberg Regulators seized the failed bank in March, marketing loans secured … [Read more…]

Posted in: Business Tagged: Banks, bidder, Blackstone, estate, lead, Loan, Real, Sale, Signature

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