Moonwater, Grammy Winners Recapitalize in Las Vegas: Moonwater Capital and its equity partners including Grammy Award-winning musicians have recapitalized a seven-building, 611,248-square-foot portfolio of Las Vegas office properties. Citi Real Estate Funding and Barclays Capital Real Estate provided $116 million in financing for the transaction. A 10-year loan is preparing to make its way into a future offering on the commercial mortgage-backed securities market. Proceeds were used to retire existing debt on the individual buildings and buy out investors.
Moonwater, Grammy Winners Recapitalize in Las Vegas, Monmouth Buys Mercedes-Benz Plant, Delinquent Dollar General Portfolio Under Contract
A Weekly Look at the Commercial Mortgage-Backed Securities Business
CoStar News
February 3, 2022 | 3:15 P.M.
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