Blackstone Remains Active Player in CMBS, Taps Market to Refi $1.5 Billion in Property Loans

by | Nov 28, 2017 | Commercial Real Estate News

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Blackstone Remains Active Player in CMBS, Taps Market to Refi $1.5 Billion in Property Loans

JW Marriott Grande Lakes, OrlandoBlackstone Group (NYSE:BX) affiliates have completed three more major property refinancings in the commercial mortgage backed securities markets in recent weeks.

The CMBS trust balances total more than $1.5 billion with about half of the loan proceeds used to refinance six hotel properties and the other half used to refinance a life science office building.

Blackstone’s refinancing activity has been a huge driver…

Article From: "Key Realty Commercial Real Estate News"   Read full article