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Bank of America to pay US$2.9 billion for portfolio of WaFd multifamily loans

by Riah Marton
May 17, 2024
in Lifestyle
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Bank of America to pay US.9 billion for portfolio of WaFd multifamily loans
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BANK of America agreed to buy a portfolio of commercial real estate loans from WaFd for about US$2.9 billion, helping the regional lender reduce its exposure to a sector that has raised red flags for regulators and investors.

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Tags: AmericatoBankBillionLoansMultifamilyPayPortfolioUS2.9WaFd
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Entrepreneurs40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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