Aug
16
MetLife, State Street Strike $2 Billion Mortgage Partnership
By-
Insurer’s asset manager boosts bet on commercial lending
- Deal called ‘important step’ in MetLife’s real estate push
MetLife Inc.’s asset manager struck a deal with State Street Corp. to originate and service as much as $2 billion in commercial mortgages.
The companies will co-lend each loan under the multiyear agreement, New York-based MetLife said Thursday in a statement…
MetLife, State Street Strike $2 Billion Mortgage Partnership