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 ...

Proceeds from the sale will be used by Seattle-based HomeStreet to pay down Federal Home Loan Bank advances and brokered ...

HomeStreet agrees to sell $900M in multifamily loans to Bank of America at 92% of principal balance, part of plan to return ...

Bank of America Corp. agreed to buy about $990 million of multifamily commercial real estate loans from HomeStreet Inc., a ...

HomeStreet Bank said on Friday it has agreed to sell nearly $990 million of its multifamily commercial real estate loans to ...

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

It’s another sign that suggests waiting for deep distress discounts may not offer the rewards investors might hope.

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 (HMST) announced the closings of the previously announced sale by the Bank, on a servicing retained basis, of $990M of multifamily ...

This strategic decision, announced Friday, aims to propel the bank back to profitability and alleviate the burden of ...