Starwood Makes $126M Mezz Loan To San Fran Office Tower

Law360, New York (November 2, 2012, 11:54 AM EDT) -- Connecticut real estate investment firm Starwood Property Trust has originated a $126 million first mortgage and mezzanine loan on a San Francisco office building owned by Blackstone Group LP's massive new real estate fund, Starwood said Thursday.

Starwood financed the 100 Montgomery commercial property located in San Francisco's financial district. The building is a 25-story, Class A office tower with more than 420,000 square feet of gross leasable space.

The financing has an initial funding of $115.5 million and matures in three years, with two one-year...
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