PacWest Sells $3.5B Loan Book, Blackstone Sells $3.1B of Warehouses
Deals are happening this morning as PacWest Bancorp just announced the sale of a large swath of their loan portfolio in an effort to raise capital. Elsewhere real estate giant Blackstone has announced they are selling $3.1B worth of industrial properties, predominantly warehouse space. There's a great deal of money and assets moving this morning, what does it all mean?
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