Term Sheet: Blackstone’s $1bn portfolio buy; RFR and Kushner’s Brooklyn extension; Deutsche’s Miami moves

Blackstone is expanding its commercial real estate lending market share via a $1 billion pbb Deutsche Pfandbriefbank loan portfolio acquisition; RFR and Kushner Companies scored a four-year extension on the $480 million loan backing a Brooklyn mixed-use campus; Deutsche Bank taps into Miami’s momentum with a $120 million refinancing package on the $6 billion Miami Worldcenter development; and more in today’s Term Sheet, exclusively for our valued subscribers.

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