Aug
16

MetLife, State Street Strike $2 Billion Mortgage Partnership

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  • Insurer’s asset manager boosts bet on commercial lending
  •  Deal called ‘important step’ in MetLife’s real estate push

MetLife Inc.’s asset manager struck a deal with State Street Corp. to originate and service as much as $2 billion in commercial mortgages.

The companies will co-lend each loan under the multiyear agreement, New York-based MetLife said Thursday in a statement

MetLife, State Street Strike $2 Billion Mortgage Partnership

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