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Blackstone Group (NYSE: BX) is tapping the CMBS conduit market again to complete a second leg of its refinancing of its BioMed Realty Trust portfolio.
Citi Real Estate Funding, Deutsche Bank and Barclays Bank are prepping a new bond offering (CGDBB 2017-BIOC) that will be collateralized by an $825 million floating rate loan with an initial two-year term and three, one-year extension options.
The loan is secured by Blackstone’s interests in 15…
Article From: "Key Realty Commercial Real Estate News" Read full article