Term Sheet: Trinity’s Diplomat refinance; Blackstone’s CMBS charge; Nuveen’s C-PACE fund close

Blackstone this week supercharged the commercial mortgage-backed securities market with nearly $2 billion of new deals including a critical data center portfolio refinance; The $575 million refinancing of Trinity and Credit Suisse's Diplomat Beach Resort shows luxury hospitality sector has maintained financing favorability; Insurance companies line up for Nuveen's second C-PACE lending fund which was closed on $775 million of committed capital; and more in today’s Term Sheet, exclusively for our valued subscribers.