Briefs: Lowe, investor buy 3 in Texas; Green loan in London

Green loan for Cerberus, Highgate: Aareal Bank, Germany, has closed an “upper double-digit million” British pound green loan to an affiliate of Cerberus Capital Management and Highgate to refinance the acquisition of the Dorsett City Hotel in London. The senior loan has a tenure of five years and is Aareal Bank’s second green loan provided as per its Green Finance Framework. The 267-room Dorsett City Hotel opened in 2018. [caption id="attachment_62165" align="aligncenter" width="600"] The Woodlands, acquired by Lowe and a partner investor[/caption] Lowe, investor JV acquires hotels in Texas: A joint venture between Lowe, Los Angeles, California, and an institutional…
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