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Blackstone REIT Completes $690 Million Portfolio Refinancing

JLL Capital Markets Arranges Term Loan, Revolving Credit Facility for 44 Properties
Blackstone Group’s nonlisted real estate investment trust lined up new financing from Wells Fargo and United Overseas Bank. (Getty Images)
Blackstone Group’s nonlisted real estate investment trust lined up new financing from Wells Fargo and United Overseas Bank. (Getty Images)
CoStar News
December 2, 2021 | 9:06 P.M.

Blackstone REIT has lined up a $690 million refinancing for a portfolio of 44 net-leased industrial, office and data center properties totaling 6.85 million square feet, the latest sign of lenders flocking to the market-leading nonlisted real estate investment trust.

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News | Blackstone REIT Completes $690 Million Portfolio Refinancing