Zions Bancorp completes purchase of Basis Investment’s agency multifamily lending platform
ZION•Zions completes acquisition of Basis Multifamily Finance platform
Zions Bancorporation completed its previously announced acquisition of the agency lending platform of Basis Multifamily Finance I, a Basis Investment Group subsidiary.
The deal includes the lending team, platform capabilities, and associated mortgage servicing rights tied to the business line.
The transaction adds access to Fannie Mae’s DUS program and Freddie Mac’s Optigo Conventional program for Zions’ multifamily lending franchise.
