Bank of China valuable source of debt for U.S. real estate firms

01/21/2010 | Financial Times (tiered subscription model)

Now one of the largest foreign-based providers of debt for U.S. commercial property deals, Bank of China quickly is becoming a valued partner for U.S. firms. Not only does it provide financing in amounts of more than $100 million, it also retains the loans on its balance sheet. "We have relationships with real estate companies," said Xiaojing Li, Bank of China's general manager for the U.S. "Because we keep these loans, they know who they are dealing with."

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