Blackstone Inc. has announced an agreement to acquire up to $869 million in performing single tenant lease financing loans from First Internet Bancorp. The transaction, expected to close around September 18, 2025, is part of Blackstone Real Estate Debt Strategies' ongoing expansion, following recent acquisitions of significant commercial real estate loan portfolios. First Internet Bancorp will continue to service the loans, while the deal aims to strengthen its capital position and enhance its financial performance.
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