valley national bank brookfield news

Brookfield, Valley Bank

Brookfield buys $1B of Valley Bank property debt

The New Jersey-based entity of Valley National Bancorp sold nearly $1 billion worth of property loans to Brookfield Asset Management, Bloomberg reported. Brookfield received 1% discount on the acquisition.

Bisnow · 1d

Brookfield Buys $925M CRE Loan Portfolio From Regional Bank

Valley National Bank is selling the portfolio of property loans to Brookfield Asset Management at a roughly 1% discount of the debt's value.

Zacks.com on MSN · 12h

Valley National Offloads Roughly $925M CRE Loans to Brookfield

VLY sells its $925 million CRE loan pool to Brookfield to reduce its CRE loan concentration and pursue its strategic balance sheet objectives.

Business Insider · 1d

Valley National Bank Closes on the Sale of Nearly $1 Billion of Commercial Real Estate Loans to Brookfield Asset Management

Ira Robbins, Chairman and Chief Executive Officer of Valley, commented, “The sale of this performing commercial real estate loan pool has helped to accelerate progress towards our strategic balance sheet goals.

MarketWatch · 1d

Valley National Bancorp, Brookfield Asset Management Finalize Deal for $925M in Commercial Real Estate Mortgage Loans

Valley National Bancorp closed a sale of a pool of performing commercial real estate mortgage loans to Brookfield Asset Management. The holding company for Valley National Bank said the final loan pool sold had contractual balances totalling about $925 million,

bankingdive8h

Dive Deposits: Wells Fargo looks inward on real-estate right-sizing

The bank appears to be consolidating its office footprint in its home city. It isn’t the only lender reevaluating real estate ...

Valley National closes on sale of commercial real estate loans to Brookfield

Valley National Bancorp (VLY) announced that the Bank closed on the sale of a diverse pool of performing commercial real estate mortgage loans ...

Yahoo Finance10y

Valley National Bancorp (VLY)

NEW YORK, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Valley National ... that the Bank closed on the sale of a diverse pool of performing commercial real estate mortgage loans to Brookfield Asset ...

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Brookfield, Valley Bank

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