HomeStreet Bank parent company HomeStreet Inc. has completed the sale of $990 million in multi-family commercial real estate ...
Seattle-based HomeStreet Inc. (Nasdaq: HMST) and its subsidiary HomeStreet Bank on Monday closed the sale of $990 million of ...
Seattle-based HomeStreet Inc. (Nasdaq: HMST) and its subsidiary HomeStreet Bank are selling about $990 million of multifamily ...
The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun ...
HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America , in a deal ...
BofA has agreed to pay about $906 million for the loans —roughly 92% of the value of the portfolio. The slight discount ...
It’s another sign that suggests waiting for deep distress discounts may not offer the rewards investors might hope.
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HomeStreet Arm to Unload $990M Multifamily Loans to Bank of AmericaHMST agrees to sell multifamily loans worth $990 million to BAC to reduce expensive funding sources and enhance profitability.
This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...
Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...
HomeStreet Bank, a subsidiary of HomeStreet, Inc., completed the sale of $990 million in multifamily commercial real estate loans. The proceeds from this sale were primarily used to reduce borrowings ...
HomeStreet agrees to sell $900M in multifamily loans to Bank of America at 92% of principal balance, part of plan to return ...
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