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FDIC Begins Marketing of Signature Bank’s CRE Portfolio

FDIC Begins Marketing of Signature Bank’s CRE Portfolio

by Phil Hall | Sep 7, 2023 | Commercial Real Estate News, Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Deposit Insurance Corp. (FDIC) has begun the marketing process for the approximately $33 billion commercial real estate (CRE) loan portfolio retained in receivership following the failure of Signature Bank. “The majority of the CRE loan portfolio being...
Biggest Banks Charged New Fee to Replenish FDIC Fund

Biggest Banks Charged New Fee to Replenish FDIC Fund

by Phil Hall | May 12, 2023 | Current News & Events, Industry Updates, WRE News Exclusive

The largest U.S. banks are footing the bill on replenishing the deposit insurance fund that was exhausted by the collapse of three regional banks within a month. According to a Reuters report, the Federal Deposit Insurance Corp. (FDIC) has introduced a new a...
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