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California  + Los Angeles  + Finance  | 

Blackstone Backs ROW DTLA with $475M Loan

HFF secured a $475-million, three-year floating-rate loan through Blackstone Real Estate Debt Strategies to refinance the existing debt for ROW DTLA in Los Angeles.

HFF also worked on behalf of New York-based Atlas Capital Group and an institutional investment partnership managed by New York-based Square Mile Capital Management, to bring in Healthcare of Ontario Pension Plan as a 37.5% minority partner.

The newly formed equity partnership and debt commitment will further the redevelopment of the historic, mixed-use district located on the southern end of the Arts District. The site encompasses 32 acres and more than 1.8 million square feet of office, retail, restaurant, entertainment and produce market space.

HFF’s equity and debt placement team representing the ownership was led by Doug Bond, Paul Brindley and Brad Greenway.

For comments, questions or concerns, please contact Dennis Kaiser

Connect

Inside The Story

Read more at HFFConnect With HFF’s Bond

About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
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