Blackstone and Atlantic Union Announce Completion of $2 Billion CRE Loan Sale Partnership

Atlantic Union Bankshares Corporation and Blackstone Inc. have announced the closing of a significant transaction involving the sale of approximately $2 billion in performing commercial real estate loans. These loans, originally acquired from Sandy Spring Bank, have been sold to vehicles affiliated with Blackstone Real Estate Debt Strategies. This transaction comes as part of Atlantic Union’s broader strategy following its merger with Sandy Spring Bancorp. The sale helps Atlantic Union reduce its commercial real estate concentration and provides capacity for future growth. Blackstone, leveraging its vast expertise and $76 billion in assets under management, sees this as an opportunity to access diverse real estate credit investments. The partnership underscores both companies’ commitment to strategic financial solutions and value creation for their stakeholders. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blackstone Inc. published the original content used to generate this news brief on June 26, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here