NRDC Acquisition Corp. is looking to inject as much as $400 million into a community bank that commits to using the added capital to turbocharge its commercial real estate lending.

With interest rates on commercial real estate loans nearly twice what they were a year ago, a bank with the resources to do more of this lending could soon be reaping hefty profits, according to Francis Casale, who is working with NRDC to identify acquisition targets.

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