Morgan Stanley (NYSE:MS) struck a deal to buy roughly $700 million of property loans made by the failed Signature Bank from a group including Blackstone Inc. (NYSE:BX), Canada Pension Plan Investment Board and Rialto Capital (Rialto Capital Management, LLC), according to people familiar with the matter. Jones Lang LaSalle Inc. worked as an adviser on the sale, said the people, who asked not to be identified discussing private information. Representatives for Blackstone, CPPIB, and Morgan Stanley declined to comment, while spokespeople for Rialto and JLL didn?t have an immediate comment.