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Blackstone Closes On $30B Real Estate Fund, Its Biggest Ever
News

Blackstone Closes On $30B Real Estate Fund, Its Biggest Ever

... . Now is the time to invest worldwide, according to Blackstone, despite the downward pressure on real estate valuations. “We ... Joan Solotar, the global head of private wealth solutions at Blackstone, said during a Bloomberg Invest conference in March. In ...

Apr 11, 2023
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Blackstone To Buy UK And U.S. Loan Book From German Lender
News

Blackstone To Buy UK And U.S. Loan Book From German Lender

... React reported. The 11-loan portfolio is being bought by Blackstone Real Estate Debt Strategies, the investment giant’s real estate ... BREDS has about $24B of assets under management, according to Blackstone’s full-year 2023 results. Its debt funds have made ...

May 13, 2024
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bellagio
News

Blackstone Sells Stake In Bellagio, Valuing The Vegas Icon At $5.1B

... at $5.1B. The investment giant's private REIT, Blackstone Real Estate Income Trust, acquired its interest in the Bellagio ... of its $5.8B acquisition of Preferred Apartment Communities.  Blackstone has long been an investor in Las Vegas properties, buying ...

Aug 25, 2023
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A rendering of one of the planned QTS data centers in Prince William County.
News

Blackstone's QTS Files Appeal To Save Massive Virginia Data Center Campus

The investment giant's data center arm, QTS, filed a last-minute notice of appeal to challenge a Virginia court decision that blocked the 2,100-acre PW Digital Gateway rezoning effort in Prince William County, Virginia.  The company had until 11:59 p.m. ...

May 01, 2026
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Blackstone Bags $700M In Sale Of Stake In MGM Grand, Mandalay Bay
News

Blackstone Bags $700M In Sale Of Stake In MGM Grand, Mandalay Bay

... highest growth sectors, including logistics and rental housing,” Blackstone Real Estate Senior Managing Director Scott Trebilco said in ... a statement. Blackstone has recently exited other Vegas properties at a profit ...

Dec 01, 2022
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Blackstone Pushing Further Into Low-Income Housing Tax Credit Market
News

Blackstone Pushing Further Into Low-Income Housing Tax Credit Market

... investment giant into the housing and multifamily sector. Blackstone announced Thursday that it is establishing April Housing, ... , Orlando, Denver and Austin. Just last week, Blackstone announced an agreement to acquire Atlanta-based Preferred Apartment ...

Feb 24, 2022
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345 Park Ave.
News

Blackstone Limiting Withdrawals From Real Estate Fund To Avoid 'Liquidity Mismatch'

... late Monday morning in New York, Bloomberg said.  Blackstone Real Estate Income Trust announced Thursday that it was  ... highest growth sectors, including logistics and rental housing,” Blackstone Real Estate Senior Managing Director Scott Trebilco said in ...

Dec 01, 2022
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Housing
News

Blackstone Takes Major Step Into Build-To-Rent With £819M Vistry Deal

... of which are backed by Blackstone-managed funds, plus Regis Group. In what is Blackstone’s first large-scale move into ... largest provider of newly built affordable homes in England. Blackstone bought into affordable housing provider Sage in 2017 and backed ...

Nov 07, 2023
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Blackstone Office 345 Park Ave New York
News

Blackstone Mortgage REIT Cuts Dividend As Commercial Property Stress Mounts

The $3.4B Blackstone REIT, which trades under the stock symbol BXMT, is reducing ...

Jul 24, 2024
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Blackstone Calls It Quits On 1740 Broadway, Hands Keys To Lender
News

Blackstone Calls It Quits On 1740 Broadway, Hands Keys To Lender

... servicer Green Loan Services to manage the financing deal. Blackstone has extensive Manhattan holdings, and the decision to hand ... all parties involved, including our investors and lender,” a Blackstone spokesperson said of the building. “The vast majority of ...

Mar 22, 2022
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