Real Estate

Blue Owl-Led Group Lands $600 Million Financing for CoreWeave Data Center

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A group of developers led by Blue Owl Capital Inc.’s real estate arm obtained a $600 million construction loan for a data center project in Virginia.

The financing was provided by a syndicate led by Societe Generale SA, according to a statement. The site, within the Chirisa technology park in Richmond, is leased to CoreWeave, a cloud-computing provider for artificial intelligence that’s backed by Nvidia Corp.