LOS ANGELES -- Kearny Street Real Estate Co. has purchased more than $70 million of real estate loans and real estate owned from Bank of California.

The acquisition, the first for the firm's own portfolio, consists of both performing and nonperforming real estate loans secured by hospitality, retail, and multifamily projects in California.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.