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HomeStreet Bank to sell $990 million in multifamily loans

The Real Deal · 4h

Bank of America acquires nearly $1B in multifamily loans

The bank is acquiring $990 million in multifamily commercial real estate loans from Seattle-based HomeStreet, Bloomberg reported. A majority of the loan sale was expected to close on Friday, while the remaining $338 million will close as soon as today.

Hosted on MSN · 2d

HomeStreet Bank offloads $990 million multifamily loans to BofA in profit push

HomeStreet Bank is selling nearly $990 million of its multifamily commercial real estate loans to Bank of America, in a deal that the Seattle-based lender said would help it return to profitability and reduce costly funding sources.

American Banker · 2d

HomeStreet agrees to sell nearly $1 billion in multifamily loans

The Seattle-based company's deal with Bank of America comes five weeks after the termination of its planned sale to FirstSun Capital Bancorp in Denver.

8h

HomeStreet (HMST) Receives a Hold from Piper Sandler

In a report released today, Matthew Clark from Piper Sandler maintained a Hold rating on HomeStreet (HMST – Research Report), with a price ...

Banking Exchange3h

HomeStreet Bank’s Commercial Real Estate Sale to Bank of America

It is selling almost a billion dollars of its multifamily commercial real estate loans to Bank of America Seattle-based ...

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