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Financial Results Islamic Finance Retail Banking Uncategorized

Al Salam Bank-Bahrain successfully exits USD 182.5 million US Multifamily Portfolio

April 28, 2020

By News Team

Al Salam Bank-Bahrain has announced the successful sale of a portfolio of 7 multifamily assets in the US for a gross sale consideration of USD 182.5 million, exceeding the original underwriting. The 2,032-unit portfolio, comprised of seven class B multifamily communities in North Carolina and Texas, was acquired in 2016…

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Source: Al Salam Bank-Bahrain

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