New Cosmopolitan Owners Sweeten Terms on $3 Billion of CMBS

May 24, 2022 - SLB Capital Advisors shared perspectives on the sale leaseback market in the context of Blackstone and Stonepeak Partners’ acquisition of The Cosmopolitan of Las Vegas.

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New Cosmopolitan Owners Sweeten Terms on $3 Billion of CMBS

May 24, 2022 – SLB Capital Advisors shared perspectives on the sale leaseback market in the context of Blackstone and Stonepeak Partners’ acquisition of The Cosmopolitan of Las Vegas.

“The current market is very volatile,” said Scott Merkle, managing partner at SLB Capital Advisors, an investment banking firm that specializes in sale-leasebacks. “We’re in a market where borrowers need to get creative to raise money.”

Read the full article on Bloomberg.