A Blackstone Life Sciences Recapitalization Will Send $2B CMBS Deal To Market
Blackstone Group is recapitalizing a $3.1B life sciences portfolio, creating a massive opportunity in the CMBS market.
Blackstone Group is recapitalizing a $3.1B life sciences portfolio, creating a massive opportunity in the CMBS market.
Not the best market to be leasing into.
With $2.2B in cash, PIMCO has agreed to purchase Columbia Property Trust in a major bet on the long-term health of urban core office buildings.
Hybrid dominates, but there is a lot of nuance within that term
Just three office deals, now underway, could account for more than £3B in investment.
The region has seen the number of deals slow to a trickle but high-quality asset sales have pushed up the amount of cash trading hands.
The real estate arm of tequila maker Jose Cuervo has acquired 300 South Wacker Drive for about 60% of its pre-pandemic value.
The biggest leases, loans and sales in New York City this week.
The biggest leases, loans and sales in New York City this week.
The loan on Columbia Property Trust's roughly 580K SF office building at 1800 M St. NW was originated in 2021.
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