J.P. Morgan Chase & Co. /quotes/comstock/13*!jpm/quotes/nls/jpm (JPM 39.17, -0.65, -1.63%) said Tuesday that it bought $3.5 billion in performing multifamily and commercial real estate loans from Citigroup Inc.’s /quotes/comstock/13*!c/quotes/nls/c (C 4.01, +0.01, +0.25%) Citibank. Terms of the deal were not disclosed. The portfolio contains about 3,800 loans in California, New York and Illinois.

Your Comments