Santander Bank acquires 20% stake in $9bn multifamily real estate joint venture

Santander Bank acquires 20% stake in $9bn multifamily real estate joint venture

Santander Bank, N.A., a major player in the banking sector, today announced the completion of a significant transaction with the Federal Deposit Insurance Corporation (FDIC). The Bank has acquired a 20% equity stake in a joint venture, involving a $9 billion portfolio of New York-based multifamily real estate assets retained by the FDIC following the […]