Term Sheet: Synovus’s $1.3bn medical office loan sale; Fed holds off on rate increase for now; Blackstone prioritizes real estate in $1trn credit AUM push

Kayne Anderson picks up $1.3 billion medical office loan portfolio from Synovus as select regional bank selloff activity continues; Federal Reserve keeps interest rates elevated; Blackstone’s Schwarzman says real estate credit will play a critical role in ambitions to amass $1 trillion in assets; and more in today’s Term Sheet, exclusively for our valued subscribers.

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Term Sheet