Term Sheet: Henderson Park’s Arizona acquisition; KKR’s Ares-linked portfolio refinance; Northmarq’s national expansion

A trio of bank lenders led by Morgan Stanley prop up Henderson Park's major stateside hospitality purchase from Blackstone; an all-private equity affair sees KKR provide $220 million to refinance a nine-property industrial portfolio owned by Ares affiliate; Northmarq plots a US market expansion following its merger with Morrison Street Capital and consultancy integration; and more in today’s Term Sheet, exclusively for our valued subscribers.