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Real Estate Rumors: Blackstone, Peter Wood, Wells Fargo

By Andrew McIntyre (April 3, 2018, 7:46 PM EDT) -- The Blackstone Group LP has taken out another $305 million of debt against the Willis Tower in Chicago, Crain's Chicago Business reported on Tuesday. The private equity firm borrowed roughly $1 billion against the trophy tower a year ago and now has taken out a $1.3 billion loan from Barclays Bank and Deutsche Bank, according to the report. The new loan replaces the prior financing, which has been paid off, Crain's said....

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