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Real Estate Rumors: Blackstone, Wells Fargo, Elion Partners

By Andrew McIntyre ( October 1, 2018, 6:18 PM EDT) -- Blackstone Real Estate Income Trust has landed $257 million in commercial mortgage-backed securities financing for 17 U.S. hotels from Barclays Bank, Commercial Observer reported Monday, citing data from Morningstar Credit Ratings. The loan is for two years at an interest rate of 1.8 percentage points above the London Interbank Offered Rate, according to the report. The portfolio includes properties in California, Massachusetts, Florida and Nevada, Commercial Observer said....

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