Announced
Completed
Financials
Tags
United States
mortgage loan portfolio
Mortgage REITs: Commercial
Acquisition
Private
Minority
Private Equity
Domestic
Completed
Friendly
Single Bidder
Synopsis
Hancock, a joint venture made up of Blackstone Real Estate Debt Strategies, Blackstone Real Estate Income Trust, CPP Investments, Rialto Capital and Federal Deposit Insurance, completed the acquisition of a minority stake in SIG CRE 2023, a mortgage loan portfolio retained in receivership following the failure of Signature Bank, from Federal Deposit Insurance Corporation, a United States government corporation supplying deposit insurance, for $1.2bn.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.