Starwood Capital Group's Barry Sternlicht Secures $930M Refinance Loan For Industrial Portfolio

An affiliate of Starwood Capital Group secured a $930M CMBS refinancing for 54 industrial properties across five states: Nevada, Arizona, Colorado, Maryland, and Tennessee. The loan is a floating-rate, nonrecourse loan with multiple lenders involved in the transaction.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $930,000,000
• Loan Type: Refinance
• Lender: Goldman Sachs, Barclays Bank, Morgan Stanley, Natixis & UBS
• Landlord: Barry Sternlicht - Starwood Capital Group

Key individuals include Barry Sternlicht representing Starwood Capital Group in the refinancing process. The transaction illustrates the collaboration of major financial institutions in providing capital for industrial assets across multiple markets.