GE Capital sells property lending unit to Everbank in a $2.51b deal

In an effort to streamline and stabilize General Electric Company (NYSE:GE)'s financial arm GE Capital, the company has sold its Business Property Lending unit in a $2.51 billion deal to EverBank Financial Corp (NYSE:EVER). The property lending unit of GE capital has been involved in commercial lending of real estate for SMEs. EverBank Financial Corp (NYSE:EVER) deals in...