Barry Sternlicht’s Starwood Property Trust provided a $500 million refinancing loan to Dune Real Estate Partners and Robert Martin Company for their 42-asset, 2.4 million-square-foot industrial portfolio in Westchester County. The financing replaces a prior $455 million recapitalization arranged with Bank of America. JLL Capital Markets arranged the new loan, with Christopher Peck, Peter Rotchford, and Christopher Pratt leading the deal. Properties in the portfolio include executive parks in Hawthorne, Yonkers, and Elmsford.
Barry Sternlicht’s Starwood Property Trust
