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Jeff Blau Of Related Companies Secures $16B Loan For Saline Township Data Center Leased To Oracle

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FINANCED
$16,000,000,000

Michigan

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Other
Financed 04/02/2026
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Property Image
FINANCED

Jeff Blau Of Related Companies Secures $16B Loan For Saline Township Data Center Leased To Oracle

Other
Financed 04/02/2026
the dealplayerscompscontact
Contact now

Summary

Asset Type:Other
Transaction Type:Loan

A data center located in Saline Township, Michigan has secured a financing package of $16 billion, comprising $2 billion in equity provided by Blackstone and $14 billion in debt arranged by Bank of America. This financing is intended for leasing purposes to Oracle as part of the Stargate AI infrastructure partnership with OpenAI.

Summary of transaction details:

The financing deal for the Saline Township data center signifies Related Digital's largest project since its establishment in March 2025. The agreement was reached following extensive negotiations, which were influenced by the need for local approvals and considerations surrounding Oracle’s risk profile.

Players

Bank of America
Bank of America
LENDER
Blackstone
Blackstone
LENDER
Jeff Blau
Related Companies
Jeff Blau
26 deals$18B volume
LANDLORD

Details

FINANCED
IMAGE: Larry Ellison, Jeff Blau & Stephen Ross DATE: 04/02/2026 MARKET: Saline Township, MI ASSET TYPE: Data Center LENDER: Blackstone (@Blackstone) & Bank of America (@BankofAmerica) LANDLORD: Jeff Blau (@BlauJeff) - Related Companies - Related Digital LOAN AMOUNT: $16,000,000,000 NOTE: Related Digital has secured a $16B financing package for its Saline Township, Michigan data center, with $2B in equity from Blackstone and $14B in debt led by Bank of America, to be leased to Oracle as part of the Stargate AI infrastructure partnership with OpenAI. The deal, finalized after months of renegotiation due to local approvals and investor concerns over Oracle’s risk profile, marks the largest project for Related Digital since its March 2025 launch.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$16,000,000,000.00

Monthly NOI$106,666,666.67
Monthly Debt Service$101,130,883.76
Change in Cash Flow$0.00
Refinance Proceeds$0.00