Sandy Spring(SASR),Stock Price, Discussion, News, Quote & History - To The Moon - Tiger Brokers Online Investing Community

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SASR Sandy Spring

Market Closed 12-19 16:00:00 EST

27.95

+0.00

0.00%

High27.95	Low27.95	Vol0.00
Open27.95	D1 Closing27.95	Amplitude0.00%
Mkt Cap1.26B	Tradable Cap1.21B	Total Shares45.14M
T/O0.00	T/O Rate0.00%	Tradable Shares43.46M
P/B--	ROE--	EPS0.00
52wk High--	52wk Low--	P/E--
Dividend--	Div.Yield--	ROA--

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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  using generative artificial intelligence. 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