Ultrasafe CRE Bonds Face Rising Default Levels, Spooking Investors
... and retail landlords. Owners of a bond backed by a Blackstone-owned office building at 1740 Broadway in New York took ...
... and retail landlords. Owners of a bond backed by a Blackstone-owned office building at 1740 Broadway in New York took ...
... Strategies and former head of U.S. originations at The Blackstone Group, described the impending wall of maturities as a “hydrogen ... own equity to the table to offset limited debt availability. Blackstone, for example, has been working on a $550M CMBS ...
... $773M, according to Nareit. Zero IPOs were finalized in 2023. Blackstone investors announced deals to acquire Apartment Income REIT for $9 ...
... ,000 apartments from Quarterra. Also last week, Blackstone closed on a $10B deal to purchase ... KKR, like, hard for them, hard for Blackstone when they bought AIR,” he said. “It ... market and get it moving again. “The Blackstone deal, the KKR deal and just deals ...
The $625M deal for Flatiron was the biggest in a bevy of market signals suggesting Boulder was poised to see significant life sciences growth. In June 2023, BioMed President of West Coast Markets Jon Bergschneider said the company would double the ...
... be taken out. The pace of those redemptions had slowed — Blackstone Real Estate Income Trust, the largest of these funds, has ...
... was founded in 2019 and has high-profile backers, including Blackstone and Mastercard, but it struggled to find a bank to ...
... as return more than $182M of equity to a Blackstone affiliate. Sources told Bloomberg the sale was opportunistic ... and not linked to upcoming loan maturities. Blackstone has dominated the refinancing of commercial mortgage-backed securities ...
... , driven mostly by $7.5B in CMBS refinancing activity by Blackstone-affiliated borrowers, according to Mortgage Bankers Association data reported by ...
... investor redemptions — Starwood tightened its restrictions last month, while Blackstone removed its limits in February after more than a year ... asset value, has also moved back into acquisition mode. Blackstone's Global co-Head of Real Estate Nadeem Meghji ...