Tuesday 3 April 2018

Blackstone takes out record $1.3B+ refi for Willis Tower

Just a year after Blackstone Group took out a record $1 billion refinancing for the Willis Tower, the firm has taken out an even bigger mortgage on the skyscraper. Property records show Blackstone took out a new loan from Deutsche Bank and Barclays for over $1.3 billion to refinance the 110-story, 4.6 million-square-foot property. Blackstone bought the building for $1.3 billion in 2015, from a partnership between Joseph Chetrit, Joseph Moinian and American Landmark Properties. […]



source https://therealdeal.com/chicago/2018/04/03/blackstone-takes-out-record-1-3b-refi-for-willis-tower/#new_tab

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