Publications

Investors

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

MetLife provides $206m in financing to Greystar

by Reg Clodfelter

MetLife has provided an affiliate of U.S.-based Greystar Real Estate Partners with a senior debt acquisition financing package worth  £122.8 million ($206 million). Laxfield Capital, a specialist commercial mortgage investment manager in the United Kingdom, arranged the real estate financing loan.

“This deal is a first in the United Kingdom for MetLife and Greystar, who have been working together for many years in the U.S. real estate market,” said Paul Wilson managing director of real estate for MetLife in the United Kingdom, in a statement.

The loan is secured against three student-housing assets in London. The student housing portfolio, which totals more than 1,100 beds, includes a 230-bed complex on Great Suffolk Street in Southwark, a 57

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?