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Home Bahrain

Preylock Secures $581M CMBS Loan for Industrial Portfolio Buy

admin by admin
August 5, 2022
in Bahrain
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Preylock Real Estate Holdings has secured a $581M floating-rate, interest-only loan from Goldman Sachs to finance its 1.3B acquisition of a portfolio of eight recently built-to-suit warehouses that are leased by Amazon.   

Last fall, Preylock and Bahrain-based GFH Financial Group announced the acquisition of 19 warehouses—all leased by Amazon—encompassing 11M SF in 15 states in a deal estimated to be worth a total of $3B.

According to…



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