---
schema_version: "secwatch.filing_event.v1"
accession: "0000883948-25-000073"
form_type: "8-K"
ticker: "AUB"
cik: "0000883948"
company_name: "Atlantic Union Bankshares Corp"
filed_at: "2025-06-26T23:59:59+00:00"
generated_at: "2026-05-18T18:50:26.854290+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Atlantic Union closes $2B CRE loan sale to Blackstone; price in low 90s of par

## Summary
- Sold ~$2B performing CRE loans acquired from Sandy Spring Bank to Blackstone Real Estate Debt Strategies.
- Loan pool sold in low 90s as percentage of par value; Bank retains customer-facing servicing.
- Proceeds to pay down high-cost deposits/funds and add to securities portfolio.
- Sale reduces CRE concentration and frees capacity for future growth per CEO John Asbury.
- Blackstone has acquired $20B of CRE loan portfolios in last 24 months.

## SEC filing metadata
- accession: 0000883948-25-000073
- form_type: 8-K
- ticker: AUB
- cik: 0000883948
- company_name: Atlantic Union Bankshares Corp
- filed_at: 2025-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/883948/000088394825000073/0000883948-25-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/883948/000088394825000073/aub-20250626x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000883948-25-000073
- JSON: https://secwatch.observer/filing/0000883948-25-000073.json
- Plain text: https://secwatch.observer/filing/0000883948-25-000073.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.