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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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Cash money U.S. currency funds for distressed investing
News

Blackstone Closes On Crown Resorts, Preferred Apartment Communities For Combined $12B

... after board approvals.  Beyond its full-company purchases, Blackstone just launched a $25B fund to target inflation-resistant ... largest real estate vehicle in history if Blackstone meets its fundraising targets. Blackstone reported $154.8B of inflows to ...

Jun 24, 2022
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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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A rendering of Sunset Pier 94 Studios, planned to be the first purpose-built studio campus in Manhattan.
News

Blackstone, Hudson Pacific Join Vornado In $350M Manhattan Studio Project

... publicly traded firms will be about $350M. “Our partnership with Blackstone, Hudson Pacific, and the City of New York will solidify ... .9% ownership, while Hudson Pacific will have 25.6% and Blackstone’s institutional core-plus real estate fund will own 24 ...

Aug 29, 2023
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A rendering of one of the planned QTS data centers in Prince William County.
News

Blackstone Aims To Cash In On AI With $8B Data Center Push

... of this investment will come from the firm’s $68B Blackstone Real Estate Income Trust, even as the nontraded REIT sells ... footprint since it was acquired by BREIT and two other Blackstone funds for $10B in 2021. The firm has tripled its ...

Jul 31, 2023
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acquisition
News

Blackstone To Acquire Bluerock Residential REIT For $3.6B

... family rental business upon completion of the spinoff.  Blackstone Group has been an aggressive buyer of multibillion- ... dollar assets. In October, Blackstone Real Estate Income Trust completed the acquisition of logistics ...

Dec 20, 2021
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