We’ve all heard the saying, “One man’s trash is another man’s treasure,” and Signature Bank’s real estate loan portfolio might be the most recent example. After a recent Bloomberg article referred to ...
Signature Bank’s real estate customers were left with more questions than answers Monday as they tried to figure out how to do business after regulators took over the troubled multifamily lender.
Signature Bank’s real estate lending didn’t lead to its failure, but its book of loans may be a cause for concern as the FDIC looks to sell the shuttered institution. Signature was one of the largest ...
The fallout of the implosion of one of the biggest real estate lenders in the city is shining a light on some of the pain present in a huge swath of New York's multifamily market. A week after the ...
A joint venture led by investment giant Blackstone has taken a 20% interest in Signature Bank's commercial real estate loan portfolio, the Federal Deposit Insurance Corp. announced late Thursday ...
FDIC has clients with less than $250,000 in their accounts covered; when deposits over that amount will be accessible is unclear. Meg Cunningham is a freelance writer with a background covering state ...
Dec 15 (Reuters) - The Federal Deposit Insurance Corp-run Signature Bridge Bank said on Thursday it has sold 20% of its equity stake in a venture that holds a $16.8 billion real estate loan portfolio, ...