Simpson Thacher Represents Blackstone in Financing for Acquisition of Urban Logistics Portfolio
Simpson Thacher represented Blackstone in the senior and mezzanine financing of the acquisition of a high quality portfolio of urban logistics assets located throughout England and Scotland. The senior and mezzanine loans are in an aggregate amount of £346,785,219.77 and will be subject to a CMBS transaction, arranged by Morgan Stanley Bank N.A.
The Simpson Thacher team who acted on the transaction included Tom Lloyd, Kristina Ostertag and Stuart Cottrell (Real Estate).