October 18, 2019 — The Janney Financial Institutions Group has executed a $49 million multi-family Commercial Real Estate (CRE) loan sale for its financial institution clients.
The transaction consisted of a pool of loans collateralized by multi-family CRE loans.
“The Janney team was working with a buyer seeking to grow its assets through loan purchases,” said Ricardo Diaz, Managing Director, Institutional Fixed Income Sales. “Utilizing our extensive network, we matched our buyer with a client that wanted to sell loans to manage its exposure to commercial real estate. Working closely with both institutions, we executed a strategic loan sale that achieved both objectives.”
FIG Partners Is Now Part Of Janney
In June 2019, FIG Partners joined Janney Montgomery Scott LLC, a leader in middle-market financing solutions. Janney places a high value on its consistent track record of delivering solutions to clients. Since 2009, Janney has completed 609 transactions aggregating $85 billion in transaction value. Janney works with clients on a highly-personalized basis, providing exceptional service, commitment and senior level attention. Click here for more information.