Login

Blackstone Purchase Spawns Near-Record CMBS Deal

Citigroup to Offer $5.6 Billion Bond Backing $18.7 Billion GLP Industrial Acquisition

Blackstone Group headquarters in New York. (Bloomberg via Getty Images)
Blackstone Group headquarters in New York. (Bloomberg via Getty Images)

In what would be the second-largest commercial mortgage-backed bond deal of its kind, Citigroup is preparing an offering for investors tied to a $5.6 billion loan that helped finance the largest private commercial real estate transaction in history: Blackstone Group’s purchase of Global Logistics Properties' U.S. industrial portfolio.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In