Lenders to securitize $570m debt tied to Blackstone hotel buy

The lenders on Blackstone’s recent $800m acquisition of a 47-hotel portfolio from Clarion Partners will securitize the $570m senior loan on the deal, a source familiar with the deal told Real Estate Capital. JPMorgan Chase Bank and Deutsche Bank will securitize the five-year, floating rate debt into a single-borrower securitization in the coming weeks. The banks – […]

PRIVATE REAL ESTATE

Register to unlock this content

• Daily global private real estate news and market intelligence
• Expertly curated insights to keep you ahead of the market
• Faster, data-driven decision-making powered by our AI interface, Ask PEI
• Access to proprietary research and reports
• Selected investor strategy and competitor performance data

Register nowFind out more

Insight