Greystar Real Estate to sell $250 million eight-year notes Nov. 13

By Paul A. Harris

Portland, Ore., Nov. 7 – Greystar Real Estate Partners, LLC is expected to price a $250 million offering of eight-year senior notes on Nov. 13, according to a market source.

An investor conference call was scheduled for Friday.

J.P. Morgan Securities LLC is leading the deal.

The notes come with three years of call protection.

The Charleston S.C.-based provider of multifamily property management, development and investment services plans to use the proceeds to refinance debt, to fund equity recapitalization and for general corporate purposes.

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