Blackstone Provides $197 Million Acquisition Loan For Playa Vista Office Asset Managed By Strategic Value Partners
California
See Similar DealsBlackstone Provides $197 Million Acquisition Loan For Playa Vista Office Asset Managed By Strategic Value Partners
12181 West Bluff Creek Drive
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The property asset involved in the transaction is an office building located at 12181 West Bluff Creek Drive in Playa Vista. The asset comprises 500,000 square feet and the loan amount associated with the acquisition is $197,000,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $197,000,000
- Market: Playa Vista
- Lender: Blackstone
- Lender Representatives: Stephen Schwarzman, Jon Gray
- Landlord: Strategic Value Partners
- Landlord Representatives: Victor Khosla, Lincoln Property Company, Clay Duvall, David Binswanger
- Brokers: Jonathan Firestone, Jordan Roeschlaub, Blake Thompson - Newmark
The deal involves key individuals and representatives, including Stephen Schwarzman and Jon Gray representing Blackstone as the lender. Victor Khosla represents Strategic Value Partners, while Clay Duvall and David Binswanger represent Lincoln Property Company in this transaction. Brokers Jonathan Firestone, Jordan Roeschlaub, and Blake Thompson are affiliated with Newmark for this deal.
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