LaSalle acquires bridge lender Latitude

By Alexander Saeedy
01 Nov 2018

LaSalle Investment Management announced on Thursday that it had entered into an agreement to make a majority acquisition of Latitude Management Real Estate Investors, which it valued to be worth $1.2bn.

Latitude is a commercial real estate lender providing short-term, floating rate loans against middle-market commercial real estate assets. According to a press release, Latitude's focus has been originating bridge loans for value-add and transitional properties in the middle market, allowing it close over $3bn in financing across all ...

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