Bahrain’s Al Salam Bank exits $182.5 mln U.S. multifamily real estate
Bahrain's Al Salam Bank has sold a portfolio of seven multifamily assets in the United States for $182.5 million, the company said in a statement on Monday (Apr 27).
The Shariah-compliant bank said the sale price exceeds the original underwriting for the portfolio.
Al Salam acquired the real estate assets in North Carolina and Texas in 2016.
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