BlackRock Acquires Helix Financial
BlackRock, the giant U.S. money manager, said Tuesday that it had acquired Helix Financial Group, a company based in Charlotte, North Carolina, that advises commercial real estate lenders. The addition of Helix will help flesh out BlackRock’s existing commercial real estate business, including BlackRock Financial and Financial Markets Advisory Group. “Since its founding in 2004, Helix Financial has underwritten over $100 billion of commercial real estate loans and in aggregate has served over 80 clients,” BlackRock said in its statement. The terms of the deal were not disclosed.
