Seeking Alpha

Looking for growth, KeyBank (KEY) finds it, purchasing a Bank of America (BAC) CMBS portfolio...

Looking for growth, KeyBank (KEY) finds it, purchasing a Bank of America (BAC) CMBS portfolio and acquiring Berkadia Commercial Mortgage's special servicing business. Berkadia will act as sub-servicer on all CMBS primary servicing just acquired from BofA. Upon closing Key's commercial servicing portfolio will be about $205B - top 3 in the country. (PR)
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