FDIC

Blackstone, CPP and Rialto paid $1.2 billion for their stake in the Signature Bank loan portfolio secured by a collection of mostly NYC properties

Blackstone JV Buys Stake in $17B Signature Bank Portfolio

CPP Investments and Rialto Capital are also partners in the transaction.

Blackstone Leads Bidding for Signature Bank’s $17B CRE Loan Portfolio

A set of office, industrial and retail assets secures the loan collection.

Behind JPMorgan Chase’s Takeover of First Republic Bank

What the deal means for the failed bank’s commercial and residential real estate loan portfolio.