Why it matters
A sale could affect the bank’s exposure to data center projects and the financing available to developers. The report does not identify the bank or say whether the loans have been sold.
HOUSING & REAL ESTATE • UNITED STATES
Bank reportedly seeks to sell $500 million in data center loans
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BLUF
A bank is reportedly looking to sell $500 million in data center loans, according to Bisnow. One loan is tied to Project Jupiter, a data center campus being built by Stack Infrastructure as part of the Stargate initiative.
HOW THIS BRIEF WAS MADE 1 outlet: 1 trade press. Automated sourcing and summaries by the BLUF engine. Corrections