Business
First Internet Bancorp Agrees to Sell Nearly $1 Billion of Single Tenant Lease Financing Loans to Blackstone
FISHERS, Ind. & NEW YORK, September 10, 2025--First Internet Bancorp (the "Company") (Nasdaq: INBK), the parent company of First Internet Bank (the "Bank"), and Blackstone (NYSE: BX) jointly announced today that the Bank has entered into an agreement to sell up to $869 million of performing single tenant lease financing loans to vehicles affiliated with Blackstone Real Estate Debt Strategies ("BREDS"). The Bank will retain customer-facing servicing responsibilities for all loans sold as part of
About this update from Blackstone Inc.
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