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Boston Private announces that Mark Shang has joined the firm as the West Coast Leader of its Private Partnership practice.
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Boston Private announces Sale of Granada Hills and Burbank offices
SEATTLE, Wash. – June 22, 2016 – HomeStreet, Inc. (NASDAQ: HMST), the parent company of HomeStreet Bank, of Seattle, Washington, and Boston Private Bank & Trust Company (“Boston Private”) of Boston, Massachusetts today announced that HomeStreet Bank and Boston Private have entered into an agreement for HomeStreet Bank to acquire two branches, one located in Granada Hills and one in Burbank, California, from Boston Private. In the proposed transaction, HomeStreet Bank expects to acquire approximately $110 million in deposit accounts. This transaction is subject to customary closing conditions and regulatory approval.
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Boston Private announces Charles N. Nilsen has joined the company as Senior Vice President and National Director of Residential Lending.
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