Agreement signedPublished 10 Sep 2025

entities affiliated with Blackstone Real Estate Debt Strategies /
First Internet Bank of Indiana

entities affiliated with Blackstone Real Estate Debt Strategies agrees to buy First Internet Bank of Indiana

Buy side: entities affiliated with Blackstone Real Estate Debt Strategies
Buy sideentities affiliated with Blackstone Real Estate Debt Strategies
Target: First Internet Bank of Indiana
TargetFirst Internet Bank of Indiana
First Internet Bancorp · 10 Sep 2025Source
Buy side: entities affiliated with Blackstone Real Estate Debt Strategies
Buy sideentities affiliated with Blackstone Real Estate Debt Strategies
Target: First Internet Bank of Indiana
TargetFirst Internet Bank of Indiana
01 / Buyerentities affiliated with Blackstone Real Estate Debt Strategies
02 / TargetFirst Internet Bank of Indiana
Source for the buyer and target: First Internet Bancorp

For the buyer and target.

“On September 5, 2025, First Internet Bancorp’s wholly-owned subsidiary, First Internet Bank of Indiana (the “Bank”), entered into a Loan Portfolio Purchase Agreement (the “Agreement”) with entities affiliated with Blackstone Real Estate Debt Strategies (collectively, the “Purchasers”), pursuant to which the Bank agreed to sell up to $869 million of performing single-tenant lease financing loans (the “Portfolio”).”

Published 10 Sep 2025

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01

What happened

entities affiliated with Blackstone Real Estate Debt Strategies agreed to acquire First Internet Bank of Indiana for up to $869 million, according to a filing dated Sept. 10, 2025. [01]

02

The source

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01
Source · First Internet Bancorp

entities affiliated with Blackstone Real Estate Debt Strategies agrees to buy First Internet Bank of Indiana

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Timeline

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  1. Announced

    “entities affiliated with Blackstone Real Estate Debt Strategies agrees to buy First Internet Bank of Indiana entities affiliated with Blackstone Real Estate Debt Strategies agreed to acquire First Internet Bank of Ind…”

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  2. Published by First Internet Bancorp

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