Wells Fargo Securities

Empire State Realty Trust Gets $850M Credit Facility

The new four-year credit agreement, which replaces a facility set to expire this summer, has options for two six-month extensions.

First Industrial Realty Closes $200M Refi of Unsecured Term Loan

The refinancing, scheduled to mature in late January, would give the company financial flexibility during the COVID-19 crisis.

Ventas Buys Raleigh Mixed-Use Assets for $80M

The Center for Technology & Innovation and the Keystone Science Center are situated within the Centennial Campus of North Carolina State University.

JBG Smith Recasts $1B Revolver

The company is the developer of National Landing, Amazon’s campus in Arlington, Va.

CoreSite Boosts Borrowing Capacity to $1.2B

The multi-lender arrangement extends the data center REIT’s debt maturity profile and expands its credit facility.

Hersha Hospitality Refinances $300M Term Loan

The REIT took advantage of the interest rate environment to fix or hedge most of its outstanding debt in recent months, including refinancing two Manhattan hotels.

Pebblebrook Raises $1.8B for LaSalle Merger

Earlier in the year, LaSalle Hotel Properties had said yes to an all-cash offer from Blackstone, but the company later terminated the agreement in favor of the Pebblebrook bid.

Blackstone Closes $1B CLO

The CRE collateralized loan obligation, which diversifies the company’s funding sources, is the largest of its kind since the financial crisis.

David Kestnbaum, a managing director at Blackstone

Blackstone to Lead Cloverleaf Recapitalization

Wells Fargo Securities served as financial advisor and Katten Muchin Rosenman LLP served as legal advisor for the cold storage warehousing and food logistics company during the transaction.