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Blackstone acquires $1.0 billion Performing Senior Mortgage Loan Portfolio from Deutsche Pfandbriefbank

May 2024

Client(s) Blackstone Real Estate Debt Strategies

Jones Day advised Blackstone Real Estate Debt Strategies in the acquisition of a $1.0 billion performing senior mortgage loan portfolio from German lender, Deutsche Pfandbriefbank (PBB). The portfolio of senior mortgage loans was originated by PBB. The portfolio of senior mortgage loans was originated by PBB. The portfolio comprises 11 performing loans secured against performing multifamily, office and hospitality assets across the U.K. and U.S.

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