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Zions Bancorporation to Acquire Basis Lending Business

PRIVATEMar 23, 2026

Acquiring Company

Zions Bancorporation

Acquired Company

Basis Investment Group

Salt Lake CityUnited StatesFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLending

Description

Zions Bancorporation announced a definitive agreement to acquire the agency lending business of Basis Multifamily Finance, a subsidiary of Basis Investment Group. This acquisition will enhance Zions' capabilities in commercial real estate financing. The transaction will provide access to key lending programs including those from Fannie Mae and Freddie Mac.

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Company Information

Company

Zions Bancorporation

Location

Salt Lake City, Utah, United States

About

Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2024, and annual net revenue of $3.1 billion in 2024. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small- and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending. In addition, Zions is included in the S&P MidCap 400 and NASDAQ Financial 100 indices.

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Frequently asked

Who acquired Basis Investment Group?

Basis Investment Group was acquired by Zions Bancorporation, based in Salt Lake City. The deal was reported on March 23, 2026. Zions Bancorporation, N.A. is one of the nation's premier financial services companies with approximately $89 billion of total assets at December 31, 2024, and annual net revenue of $3.1 billion in 2024. Zions Bancorporation is privately held and operates in Financial Services.

When did Zions Bancorporation acquire Basis Investment Group?

Zions Bancorporation's acquisition of Basis Investment Group was reported on March 23, 2026. Zions Bancorporation announced a definitive agreement to acquire the agency lending business of Basis Multifamily Finance, a subsidiary of Basis Investment Group. This acquisition will enhance Zions' capabilities in commercial real estate financing. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Basis Investment Group do?

Basis Investment Group is a diversified commercial real estate investment management platform with over $9.2 billion in transactions. It is privately held, operating in Financial Services, and is based in United States.

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