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Santander completed the acquisition of a 20% stake in a portfolio of New York-based multifamily real estate assets from FDIC for $1.1bn.

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Service Providers

Davis Polk & Wardwell

legal advisors

Davis Polk & Wardwell

Chain Bridge Partners

financial advisors

Chain Bridge Partners

Wachtell Lipton Rosen & Katz

legal advisors

Wachtell Lipton Rosen & Katz

or

Principals

BANCO SANTANDER SA

bidder

BANCO SANTANDER SA

FEDERAL DEPOSIT INSURANCE CORPORATION (NEW YORK-BASED MULTIFAMILY REAL ESTATE ASSETS)

target

FEDERAL DEPOSIT INSURANCE CORPORATION (NEW YORK-BASED MULTIFAMILY REAL ESTATE ASSETS)

FEDERAL DEPOSIT INSURANCE CORPORATION

vendor

FEDERAL DEPOSIT INSURANCE CORPORATION

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