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Blackstone acquires nearly $2 billion of commercial real estate loans

Atlantic Union sells commercial real estate loan portfolio after completing its acquisition of Sandy Spring Bank in Maryland
Virginia-based Atlantic Union Bank sold a portfolio of mid-Atlantic commercial real estate loans to Blackstone. (CoStar)
Virginia-based Atlantic Union Bank sold a portfolio of mid-Atlantic commercial real estate loans to Blackstone. (CoStar)

Blackstone is further building its portfolio of commercial real estate loans, adding a $2 billion portfolio from Atlantic Union Bank as part of the bank's acquisition of Sandy Spring Bank out of suburban Washington, D.C.

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