Bethesda, MD (July 6, 2016) – Capital One announced that it recently committed $125 million and served as joint lead arranger and joint documentation agent in a $1.1 billion first mortgage to finance the Blackstone Group’s acquisition of 17 life science and medical office buildings. The transaction was part of the financing for Blackstone’s larger acquisition of BioMed Realty Trust. The portfolio, totaling approximately 2.2 million square feet, is divided among facilities in Cambridge, Massachusetts; San Francisco, California; San Diego, California; and Seattle, Washington. The financing was led by Citi Group and MUFG Union Bank.
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