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Blackstone Sells 6th Ave Office Tower For $180M
News

Blackstone Sells 6th Ave Office Tower For $180M

... The transaction is expected to close in Q2, GlobeSt reports. Blackstone picked up the 250k SF, 22-story Class A office ... 2011, for $98M, from Stellar Management and the Rockpoint Group. Blackstone then poured $85M into an extensive reposition, a move several ...

Mar 24, 2016
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Blackstone Flipping Strategic Hotels & Resorts In $6.5B Deal
News

Blackstone Flipping Strategic Hotels & Resorts In $6.5B Deal

Blackstone Group, which bought Strategic Hotels & Resorts last September in a $ ... is plunking down $6.5B for the luxury hotel firm. Blackstone hadn't planned to hold on to Strategic for long ...

Mar 14, 2016
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Blackstone To Sell Up to 103.5M Hilton Shares
News

Blackstone To Sell Up to 103.5M Hilton Shares

Blackstone is reducing its ownership share in Hilton Worldwide ... shares on top of that. In that case, Blackstone's stake in the world's largest hotel operator ... would drop to 44.7% from 55.2%. Blackstone's 2007 leveraged buyout of Hilton is considered the ...

May 12, 2015
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Blackstone Considers $1.3B in Hotel Acquisitions
News

Blackstone Considers $1.3B in Hotel Acquisitions

... Bloomberg. The seller is Paulson & Co. Representatives for Blackstone and Paulson declined to comment on the transaction. Together, ... the bank defaulted on debt. Private equity powerhouse Blackstone has become a constant generator of hotel deal headlines ...

Mar 31, 2015
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Blackstone Vice Chairman's 10 Surprises For 2016
News

Blackstone Vice Chairman's 10 Surprises For 2016

The “surprises” are all things your average investor puts at only a one in three chance of happening, but Byron puts at an over 50% chance. Here are Byron’s 10 Surprises for 2016: "Riding on the coattails of Hillary Clinton, the winner of the presidential ...

Jan 06, 2016
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Blackstone Sells London Hotel for $382M
News

Blackstone Sells London Hotel for $382M

Blackstone has sold the London Hotel at 151 West 54th St ... Secured’s Roy March, Larry Wolfe and Mark Schoenholtz repped Blackstone. [NYP]

Nov 25, 2015
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Blackstone Names Jon Gray's New #2
News

Blackstone Names Jon Gray's New #2

... and senior-managing director. Caplan, who has been with Blackstone since 1997 and will relocate to New York from London ... , worked on prominent Blackstone deals including its Hilton Worldwide debt restructuring and $39B ...

Jan 15, 2015
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Stuyvesant Town, one of the largest apartment complexes in the U.S., is made up heavily of rent-stabilized apartments.
News

Blackstone Buys Largest Apartment Complex in NYC for $5.3B

... had been uncertain until now. The purchase is made through Blackstone's first fund for core-plus assets, which holds ... much longer than traditional funds. This multifamily move validates what Blackstone head of real estate Jon Gray said earlier this month ...

Oct 20, 2015
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Blackstone Sells Properties to HPP for $3.5B
News

Blackstone Sells Properties to HPP for $3.5B

... transaction and the remainder in stock, which will give Blackstone a 48% interest in the REIT. The portfolio spans ... during the Great Recession as prices recover. Last week, Blackstone sold the industrial landlord IndCor Properties to Singapore's sovereign ...

Dec 08, 2014
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Stephen Schwarzman Blackstone
News

Blackstone CEO Expects Businesses To Benefit Under Trump

Blackstone CEO Steve Schwarzman expects the business community to prosper under ...

Nov 17, 2016
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