Latest developments from the FDIC (Federal Deposit Insurance Corp.), insurer of deposits in banks, thrifts and other financial institutions.
Agency begins sale of CRE assets for failed bank; transaction centers on $5.8 billion in rent stabilized loans
A 5% equity ratio in the commercial real estate assets held formerly by a failed New York bank was sold late last week that includes $5.8 billion of rent stabilized or rent controlled multifamily loans, […]