M&A - Goldman Sachs Real Estate Finance Trust Inc

Back to List of Mergers and Acquisitions

Form Type: 8-K

Filing Date: 2025-01-10

Corporate Action: Acquisition

Type: New

Accession Number: 000119312525004397

Filing Summary: On January 10, 2025, Goldman Sachs Real Estate Finance Trust Inc completed the acquisition of a Nashville multifamily property for $33.3 million, which is part of a portfolio of real estate debt investments sourced by Goldman Sachs. The property is a 196-unit multifamily complex located in Smyrna, Tennessee, intended to refinance existing debt. This acquisition follows the approval from the affiliate transaction committee of the company’s board of directors and was previously initiated with assets under a Master Repurchase Agreement with Citibank. The total aggregate transfer price for the Warehoused Investments, including this acquisition, was reported to be $77.59 million.

Document Link: View Document

Additional details:

Item Date: 2025-01-09


Facility Amount: 250000000


Repurchase Agreement Maturity Date: 2028-01-09


Shares Sold Class I: 4392200


Shares Sold Class S: 1270742.56


Shares Sold Class D: 2955.083


Aggregate Consideration Class I: 109805000


Aggregate Consideration Class S: 32052262


Aggregate Consideration Class D: 75000


Goldman Sachs Investment Amount: 25000000


Nashville Multifamily Loan Amount: 33300000


Total Transfer Price: 77590000


Comments

No comments yet. Be the first to comment!