This is the second transaction this week involving PacWest jettisoning its real estate operations. The post PacWest Sells Real Estate Lending Division appeared first on Weekly Real Estate News.
(Reuters) – PacWest Bancorp’s (PACW.O) shares rose nearly 13%, extending gains from the previous session driven mostly by news that the lender would sell $2.6 billion worth of its loan portfolio to bolster its finances. The stock […]
PacWest said it is selling an additional six real estate construction loans with an aggregate principal balance of around $363 million to Kennedy-Wilson. The post PacWest Sells Construction Loan Portfolio at Discount to Kennedy-Wilson appeared […]
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