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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.