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DALLAS—In yet another deal between the Blackstone Group and GE Capital Real Estate, the investment firm has refinanced a portfolio of 16 hotel properties located around the US. Senior managing directors Trey Morsbach and Dan Peek, along with managing director John Bourret, led the HFF team that arranged the $581-million loan for Blackstone.

GE Capital provided the three-year, floating-rate loan to the New York City-based borrower. The debt carries with it two one-year extension options.

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