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Lauren Bilzin, Sung Pak, Salvatore Gogliormella, Samir Kurani
March 4, 2026
TPG Credit Completes Secured Credit Facility for Franklin Street Properties

1 min
AI-made summary
- • Paul, Weiss advised a TPG Credit affiliate on a $320 million secured credit facility for Franklin Street Properties Corp
- • The facility refinances all of Franklin Street Properties Corp.’s outstanding debt and is secured by a first priority lien on most of its assets. • The loans are scheduled to mature in February 2029, with a possible one-year extension. • The Paul, Weiss team included partners Lauren Bilzin, Sung Pak, Salvatore Gogliormella, and tax counsel Samir Kurani.
Paul, Weiss advised an affiliate of TPG Credit on a $320 million secured credit facility to refinance all of Franklin Street Properties Corp.’s outstanding debt. FSP is a Massachusetts-based real estate investment trust focused on office properties across the U.S. Under the agreement, the loans that comprise the facility are collateralized by a first priority lien on substantially all of FSP’s assets and are scheduled to mature in February 2029, subject to a potential one-year extension.
The Paul, Weiss team was led by partners Lauren Bilzin, Sung Pak and Salvatore Gogliormella, and included tax counsel Samir Kurani.
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Lauren Bilzin, Sung Pak, Salvatore Gogliormella, Samir Kurani
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