BofA Sells $125B CMBS Servicing Portfolio To KeyCorp
The banking giant sold the servicing portfolio to KeyBank Real Estate Capital, the Cleveland-based firm's commercial real estate financing arm. The assets including a commercial mortgage servicing portfolio of roughly $110.5 billion and a CMBS special servicing portfolio of $14 billion, KeyCorp said.
Financial terms of the deal...
To view the full article, register now.