Term Sheet: Rockefeller Center’s refinancing; Crow’s credit fund launch; Ares’ industrial recharge
The $3.5 billion refinancing of New York’s Rockefeller Center affirms there is still debt capital ready to move for owners of premier office assets; Crow Holdings Capital is out on the road raising a real estate credit fund, joining peers making similar moves this year; Ares Management has solidified more industrial sector exposure with a $475 million financing for a 25-asset portfolio; and more in today’s Term Sheet, exclusively for our valued subscribers.