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Blackstone’s BioMed readies $765 million CMBS refinancing deal

Developer to tap debt market for offering backed by eight life sciences properties
The property at 500 Kendall St. in Cambridge, Massachusetts, is the largest building set for an upcoming BioMed Realty refinancing. (CoStar)
The property at 500 Kendall St. in Cambridge, Massachusetts, is the largest building set for an upcoming BioMed Realty refinancing. (CoStar)
CoStar News
January 23, 2025 | 7:46 P.M.

BioMed Realty, a life science developer owned by investment giant Blackstone, has arranged for a $765 million refinance of a 1.3 million-square-foot office and flexible property portfolio.

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