Zions completes acquisition of Basis multifamily agency lending platform
Zions Bancorporation completed its acquisition of the agency lending platform of Basis Multifamily Finance I, LLC, expanding its national multifamily business. The deal is framed as supporting workforce and affordable housing and coordinating agency lending work with Fannie Mae and Freddie Mac. Basis is described as a registered investment advisor and lender active across U.S. states.