Blackstone taps CMBS debt to fund part of $442M Texas grocery portfolio buy
Blackstone is doubling down on bread-and-butter retail in Texas, following a pattern of investment over the past year in grocery-anchored shopping centers across the country. The private equity giant is using a floating-rate commercial mortgage-backed securities loan and $110.3 million of equity to
American Express commits to 2M sf tower at 2 World Trade Center
After years of discussions, the final tower for the World Trade Center campus has a future in place. On Wednesday, American Express announced that it would build a 2-million-square-foot tower at 200 Greenwich Street, otherwise known as 2 World Trade Center. Silverstein Properties will develop the 55
Eyal Ofer’s Global Holdings pulls in $450M refi for NoMad tower
New York City’s historic blizzard didn’t just drop snow on Global Holdings’ Nomad office tower — it also appears to have brought a deal for hundreds of millions in fresh debt. Eyal Ofer’s firm landed $450 million in commercial mortgage-backed securities debt to refinance NoMad Tower at 1250 Broadwa
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