Starwood Leads Investors To $554M Corus Asset Win
Private equity firm TPG also worked with the investors, Reuters reported Tuesday.
The Federal Deposit Insurance Corp., which seized $4.5 billion in Corus real estate loans in September, is the seller in the auction and will continue to hold 60 percent of the Corus Bank assets, the news agency said.
The investors will hold the remaining 40 percent,...
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