Kennedy-Wilson Holdings Inc., a real estate investment company focused on multifamily and office properties as well as industrial and debt through its investment management business, has agreed to purchase PacWest Bancorp‘s $2.6 billion portfolio of real estate construction loans as the lender works to shore up liquidity.

Kennedy-Wilson will purchase the 74 loans at a discounted price of about $2.4 billion, according to Bloomberg News, and the buyer will also assume all future funding obligations under the loans of about $2.7 billion. The portfolio accounts for more than half of PacWest’s real estate construction and land loans. PacWest also looks to sell six more loans to Kennedy-Wilson for about $363 million if it wins certain approvals, reported Bloomberg.

PacWest is looking to bolster its finance after runs on deposits struck several regional lenders. PacWest already lined up $1.4 billion from a financing facility provided by Atlas SP Partners as it leaned on federal programs for cash.