Blog

JPMorgan Securitizes Loan Backing Workplace Property’s Suburban Office Portfolio Buy

Posted by:

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…

0


Comments

Add a Comment