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NEW YORK CITY-After a strict six-week closing requirement, ING Real Estate Finance closed a $138-million term loan with Blackstone Real Estate Advisors on Tuesday, marking another large acquisition for the private equity giant. Serving as joint lead arranger in the transaction, ING committed $69 million and partnered with Canadian Imperial Bank of Commerce, the agent bank, to complete the deal. “A key factor in making this a successful transaction was our ability to underwrite and execute financing under a tight time frame,” says ING Real Estate Finance director Alexander Joerg, in a statement.

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