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Blackstone Has Just Raised Another Record Fund. These Returns Explain How.
News

Blackstone Has Just Raised Another Record Fund. These Returns Explain How.

... of equity. The global funds it raises also continuously better Blackstone’s own personal bests — the last one, closed in ... complex, which explains it exactly. As a publicly traded company, Blackstone very handily publishes the returns of every fund it has ...

Jun 13, 2017
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Office building, office market, skyscraper, offices
News

Blackstone Regains Its Position As The World’s Largest Real Estate Manager

... become, yet again, the world’s largest real estate manager. Blackstone grew its real estate assets to $160B in 2016, marking ... capital as record investment levels have pushed up prices. Yet Blackstone global head of real estate Jonathan Gray said recent large ...

Jun 01, 2017
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Blackstone Selling Four Office Towers for $1B
News

Blackstone Selling Four Office Towers for $1B

... putting four LA office towers on the market, it appears Blackstone has found a buyer. Santa Monica-based Douglas Emmett, one ... West Coast in years, according to the Wall Street Journal. Blackstone should finish selling off most of the Equity Office assets ...

Nov 25, 2015
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Blackstone Fund Completes $570M Deal for Apartment Portfolio
News

Blackstone Fund Completes $570M Deal for Apartment Portfolio

... New York-based Phoenix Realty Group (PRG) and Blackstone Real Estate Partners VIII, Blackstone Group's $15.8B global real estate fund ... s assets enjoy occupancy in the upper 90s, according to Blackstone. Pictured is one of the assets, Alvista Long Beach  ...

Nov 24, 2015
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manufactured homes, manufactured housing community
News

Blackstone Bets On Manufactured Housing Market With Purchase Of 14 Communities

... luxury units and are too expensive for blue-collar workers.  Blackstone is not the only institutional investor to bet on the ...

Jul 29, 2018
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World’s Largest Private Equity Manager Nears $5B Long-Term Fund
News

Blackstone Nears Close On $5B Buffett-Style Fund

... reports. “It was offered very selectively to sophisticated investors,” Blackstone CEO Steve Schwarzman said on an April analysts call. “These ... we anticipate holding for a long, long time.” The Blackstone fund is the third fund this year that is designed ...

Jun 13, 2016
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Blackstone, Fairstead Sell Another Former Caiola Portfolio Building
News

Blackstone, Fairstead Sell Another Former Caiola Portfolio Building

... The sale closed earlier this month, The Real Deal reports. Blackstone and Fairstead picked up the 24-building portfolio the building ... Street building. The 22 buildings in the portfolio that Blackstone will retain have been branded Array Rentals, and will ...

Feb 23, 2017
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Blackstone Is Leading The Bidding War For This 12M SF Shopping Center
News

Blackstone Is Leading The Bidding War For This 12M SF Shopping Center

... world’s largest alternative asset manager, Blackstone, is leading the pack with ... despite its putting up a lower offer. Blackstone is tapping in to a heating-up ... Estate News reports. The acquisition moves from Blackstone come as the firm rebounds from a rough ...

Apr 29, 2016
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Willis Tower, Chicago
News

Blackstone Finalizing $1B Refinancing Of Willis Tower

... Willis Tower. The owners of Chicago's tallest building, The Blackstone Group, are close to finalizing a $1B refinancing of the ... 's history. The loan would replace $750M in CMBS debt Blackstone assumed when it bought the 110-story building for a ...

Feb 09, 2017
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Blackstone Mutual Fund Loses Half Of Its Assets
News

Blackstone Mutual Fund Loses Half Of Its Assets

... stake it had put in the fund in 2013. The Blackstone fund has returned an annualized 3% since it started, compared ... , Bloomberg reports. These types of funds have been struggling among Blackstone's peers recently, with Carlyle closing a pair of mutual ...

Mar 25, 2016
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