By Andrew McIntyre ( November 10, 2014, 7:30 PM EST) -- Santa Monica, California-based private equity firm Colony Capital LLC is finalizing terms of a $1.2 billion loan from General Electric Capital Corp., proceeds of which Colony will use for an acquisition from Irving, Texas-based real estate investment trust Cobalt Capital Partners, Commercial Mortgage Alert reported, citing sources with knowledge of the discussions. GE has agreed to lend Colony the funds for its planned $1.6 billion purchase of nearly 30 million square feet of properties, mainly light industrial buildings, from Cobalt, Commercial Mortgage Alert said....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.