Blackstone, Rialto’s $1.2B bid wins Signature CRE loan deal

on Dec 15, 2023 07:02:AM

The Federal Deposit Insurance Corporation on Thursday awarded a stake in Signature Bank’s $17 billion commercial real estate loan pool to two Blackstone affiliates. Blackstone Real Estate Debt Strategies and BREIT partnered with Rialto Capital and Canada Pension Plan Investment Board on the deal. The Blackstone team bid $1.2 billion for a 20 percent stake […]