Banks are marketing $2.8 billion of bonds backed by three mortgages used to finance the purchase of industrial property portfolio from the Blackstone Group by Global Logistics Properties and GIC PTE.

A joint venture between Global Logistics Properties and GIC PTE is the loan sponsor, or borrower, in all three cases and Goldman Sachs, Bank of America and Morgan Stanley the underwriters in all three loans, according to Morningstar.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.