JPMorgan Securitizes Loan Backing Workplace Property’s Suburban Office Portfolio Buy
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JPMorgan issued $ 557 million in commercial mortgage bonds this past week backed by interests in a portfolio of 108 suburban office and flex properties purchased by Workspace Property Trust earlier this month from Liberty Property Trust. The $ 969 million purchase with partners Safanad, a Dubai-based global principal investment firm; and affiliates of diversified investment firm Square Mile Capital Management LLC, was WPT’s second major transaction…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
Post Tagged with Backing, JPMorgan, Loan, Office, Portfolio, Property's, Securitizes, Suburban, Workplace
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