While COVID-19 has had a negative impact on many businesses globally, the chief executive officer of New York City-based Global Net Lease said his company—which owns 288 properties in the United States, Canada and in Europe—is thriving.
"We are operating well and have been functioning well during COVID-19," CEO James Nelson tells GlobeSt.com. "Our teams are working from home and managing the company. They are doing this and refinancing and acquiring properties. It's business as usual, despite COVID-19."
Among its latest achievements: it closed on a multi-property refinancing for $76.4 million of seven properties throughout France. The company entered into a loan agreement with HSBC France. The maturity date of the loan is May 14, 2025.
Recommended For You
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Robert Storace
Robert Storace covers legal trends, lawsuits and analysis for the Connecticut Law Tribune. Follow him on Twitter @RobertSCTLaw or reach him at 203-437-5950.
