$760M loan balanceDivestiture / carve-outFinancial ServicesCompleted
Prime Finance buys $760M CRE loan portfolio from Blackstone
Prime Finance, a commercial real estate credit platform, acquired a portfolio of eight performing loans from Blackstone Real Estate Debt Strategies with an aggregate unpaid principal balance of about $760 million. The loans are backed by office and multifamily properties across five U.S. states. The purchase price was not disclosed.
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