Greystar Student Housing Growth and Income OP, LP’s $2.227 Billion Credit Facilities

Cahill represented JPMorgan Chase Bank, N.A., as lead arranger and administrative agent, and the other lead arrangers in connection with a $1,602,000,000 term credit facility, a $325,000,000 term credit facility, and a $300,000,000 revolving credit facility for Greystar Student Housing Growth and Income OP, LP, a direct subsidiary of Greystar Student Housing Growth and Income Trust.

Proceeds from the offering were used for the previously announced acquisition, led by funds managed by an affiliate of Greystar Real Estate Partners, of Education Realty Trust, Inc. and to refinance existing indebtedness of the target.

Greystar Student Housing Growth and Income OP, LP operates as a housing real estate investment trust.

Cahill advised with a team including Douglas S. Horowitz (Picture), Michael J. Ohler, Daniel Anderson, K. Dillon Reid, Matthew Rosenthal, Marc Shepsman and Ross Sturman.

 

Involved fees earner: Douglas Horowitz – Cahill Gordon & Reindel; Michael Ohler – Cahill Gordon & Reindel; Daniel Anderson – Cahill Gordon & Reindel; Dillon Reid – Cahill Gordon & Reindel; Matthew Rosenthal – Cahill Gordon & Reindel; Marc Shepsman – Cahill Gordon & Reindel; Ross Sturman – Cahill Gordon & Reindel;

Law Firms: Cahill Gordon & Reindel;

Clients: JPMorgan Chase & Co.;