Subsequent Events |
9 Months Ended |
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Sep. 30, 2022 | |
Subsequent Events [Abstract] | |
Subsequent Events | Subsequent EventsIn October 2022, the Brentford Joint Venture entered into an agreement with Blackstone Real Estate Partners IX, L.P, an affiliate, to borrow $110,000, at an interest rate equal to SOFR plus 2.25%, which is the rate at which Blackstone Real Estate Partners IX, L.P borrowed under its unsecured revolving credit facility. The loan is collateralized by the real estate assets owned by the Brentford Joint Venture and has a maturity date of November 2025. Subsequent to closing, the Brentford Joint Venture distributed the proceeds to the JV partner. No additional material subsequent events have occurred since September 30, 2022 that require recognition or disclosure in the Company’s Consolidated Financial Statements. |
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- References No definition available.
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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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