Seven Hills Realty Trust has closed $98 million of new first mortgage investments while loan repayments helped cut the commercial mortgage REIT’s office exposure to approximately 13% of its portfolio.In an Oct. 5 business update distributed by Business Wire, Seven...
BCB Bancorp is selling approximately $205.3 million in problem loans to six buyers and expects to take a $43.3 million pre-tax loss in the third quarter, a balance-sheet cleanup concentrated heavily in commercial and multifamily real estate. The Bayonne, New...