Your Search Results For:

Contact Us
Filter by City:
Sort by:
Las Vegas Hospitality Workers Authorize Strike As Investor Interest In Casinos Grows
News

Las Vegas Hospitality Workers Authorize Strike As Investor Interest In Casinos Grows

... real estate is growing more attractive to REITs. In August, Blackstone agreed to sell its 22% stake in the Bellagio for ... $300M to Realty Income. Blackstone similarly sold its stake in the MGM Grand for $700M ...

Sep 28, 2023
+
Apartment Tower in Miami
News

The World's Billionaires Are Betting Big On U.S. Multifamily

... declined 17% in February and 16% in August. Last month, Blackstone sold its entire Manhattan multifamily portfolio for $142M — a 43 ...

Sep 26, 2023
+
CalPERS Headquarters in Sacramento
News

CalPERS Invests $1.9B Into Blackstone, Mesa West Debt Funds

... . California Public Employees' Retirement System invested $1.5B in Blackstone Real Estate Debt Strategies V and $350M in Mesa West ... 444B pension fund disclosed the investments in a meeting document. Blackstone’s debt fund has raised $3.59B for lending, ...

Sep 15, 2023
+
2 REITs Exploring Strategic Alternatives, Including Sale, Merger
News

2 REITs Exploring Strategic Alternatives, Including Sale, Merger

... publicly traded firms are taken private by investment giants like Blackstone and KKR. 

Sep 13, 2023
+
Prologis warehouse building
News

Prologis Infuses More Capital Into 2 Major Funds, Clears Redemption Requests

... June, the firm bought $3.1B in industrial properties from Blackstone.  Last month, Prologis CEO Hamid Moghadam said the industrial market ...

Aug 29, 2023
+
student housing students campus college university
News

Investors Pour Billions Into Student Housing As Rent Growth Outpaces Apartment Market

... and bad economic times,” Rob Harper, president of investment giant Blackstone Real Estate Income Trust, told Bisnow. “It is unique ... better and because every lease has a parental guarantee." Blackstone's ACC has already begun two major student housing ...

Aug 28, 2023
+
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
+
The 2023 Capital Markets Slowdown Has Hit Biggest Buildings The Hardest
News

The 2023 Capital Markets Slowdown Has Hit Biggest Buildings The Hardest

... to bear a direct relationship to its price tag. Even Blackstone hasn't been able to buck economic trends, as its ...

Aug 24, 2023
+
After Shrinking Of Publicly Traded Data Center Universe, New IPOs May Be On The Horizon
News

After Shrinking Of Publicly Traded Data Center Universe, New IPOs May Be On The Horizon

... &A activity the sector has ever seen. Asset management giant Blackstone acquired QTS Data Centers in a $10B take-private deal ...

Aug 17, 2023
+
BREIT Names New President As Agarwal Goes On Sabbatical
News

BREIT Names New President As Agarwal Goes On Sabbatical

... is heading to Stanford University for a continuing education stint. "Blackstone has a deep bench of talent and we are fortunate ... its stockholders will benefit from Rob’s 20 years of Blackstone real estate experience and deep BREIT expertise. We look forward ...

Aug 16, 2023
+