Borrower Sponsor is a 50/50 joint venture between entities managed by Unibail-Rodamco-Westfield (“URW”) and M&G plc. The deal was upsized from US$350m to US$425m
Collateral
Westfield Garden State Plaza is a 94.9% leased, 2,057,906 SF super-regional mall featuring a mix of retail and entertainment tenants
Originator(s)
Goldman Sachs Bank USA, German American Capital Corp, Natixis Real Estate Capital LLC, GS Bank and GACC