AEGON USA Realty Advisors LLC and Bank of America Merrill Lynch (BofA Merrill) have entered into an agreement in which BofA Merrill will leverage AEGON's commercial real estate platform to source new lending opportunities that BofA Merrill can use in its securitization program.
‘We're excited about this new relationship,’ says Steve Myers, executive vice president and head of real estate credit at AEGON. ‘BofA Merrill is one of the industry's leading issuers of commercial mortgage-backed securities, and we think this will be a beneficial relationship for both of us.’
‘AEGON has a very successful and established commercial real estate lending platform,’ adds Mike Mazzei, global head of commercial mortgage-backed securities (CMBS) at BofA Merrill. ‘As the CMBS market continues to recover, this relationship will allow us to increase our securitization capacity and strengthen our CMBS origination capabilities.’
SOURCE: BofA Merrill