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Published 3 months ago

Buyers sought for Signature Bank's $33-B CRE portfolio

Summary by Inquirer
WASHINGTON -The U.S. Federal Deposit Insurance Corporation (FDIC) is seeking buyers for the $33-billion commercial real estate (CRE) loan portfolio of failed New York lender Signature Bank, it said on Tuesday. The majority of the portfolio comprises multi-family properties primarily located in New York City, the regulator said, adding that it would be marketing the asset over the next three The post Buyers sought for Signature Bank’s $33-B CRE …

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