Capmark Financial Group Inc. announced that it has received approval from U.S. Bankruptcy Court to complete the sale of North American servicing and mortgage banking businesses to Berkadia Commercial Mortgage LLC.
The sale to Berkadia, a newly formed entity owned by Berkshire Hathaway Inc. (BRKA) and Leucadia National Corp.(LUK), for a total purchase price of $515 million. The sale was recommended to the court by the unsecured creditors' committee and Capmark's management. The transaction is expected to close by year end.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.