trending Market Intelligence /marketintelligence/en/news-insights/trending/-g68pu_pyGBUGYLAt0wJQA2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

GE Capital closes sale of real estate assets to Blackstone

Blog

Banking Essentials Newsletter - April Edition

Blog

Tracking Credit Risk of a Major U.S. Retailer

Blog

Banking Essentials Newsletter: March Edition - Part 2

Blog

A Bank Takes Its Project Finance Assessments to a New Level


GE Capital closes sale of real estate assets to Blackstone

General ElectricCapital Corp. closed the saleof a majority of its real estate debt and equity portfolio to funds managed by , which in turnsold a portion of the portfolio to WellsFargo & Co.

According to a Form 10-Q filed Nov. 2, in connection with theBlackstone transaction, GE Capital provided $3.2 billion of seller financing tothe company, which GE Capital intends to syndicate by 2016. As of Sept. 30, GE Capitalhas collected or sold approximately $400 million of this seller financing.