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SEC Contacts Blackstone, Starwood About Redemption Freezes At Nontraded REITs

... or made any accusations of wrongdoing, Bloomberg reports. Both Blackstone Real Estate Income Trust and Starwood Real Estate Income ... it also raises questions about their internal appraisal metrics. Blackstone's stock value had dropped by nearly 4% through ...

Dec 19, 2022
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Iceberg frozen markets
News

'Rational To Be Anxious’: What Happens Next After Blackstone, Starwood’s Withdrawal Freeze

... to provide fast liquidity, The Real Deal reported.   Blackstone CEO Stephen Schwarzman said at a separate conference that investors ... with the fund, Reuters reported.   Will Starwood And Blackstone Sell More Assets?   The question around a possible sell ...

Dec 08, 2022
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Field of windmills during a sunset, Unsplash 12/6/2022
News

Blackstone-Owned ESG Consulting Firm Legence Acquires Lord Green

Blackstone-owned ESG adviser Legence acquired sustainability consulting firm Lord Green ...

Dec 06, 2022
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Soaring Investor Withdrawals May Force Real Estate Funds To Sell Buildings
News

Soaring Investor Withdrawals May Force Real Estate Funds To Sell Buildings

... the industry. Nontraded REITs, like those run by Blackstone and Starwood that have capped investor redemptions in ... considering withdrawing money from real estate funds. Blackstone's nontraded REIT, Blackstone Real Estate Income Trust Inc., started limiting ...

Dec 06, 2022
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Starwood Capital Chairman Barry Sternlicht speaking at a Bisnow event in 2018.
News

Starwood, Like Blackstone, Limits Redemptions From Nontraded REIT

... Barron’s. SREIT is the second-largest nontraded REIT, behind Blackstone Real Estate Income Trust. Last week, BREIT also halted investor ...

Dec 05, 2022
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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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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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Does A Strong U.S. Dollar Mean Now Is A Prime Time To Consider Foreign Investment?
News

Does A Strong U.S. Dollar Mean Now Is A Prime Time To Consider Foreign Investment?

... in a post for CORFAC. “In Dublin, we have seen Blackstone acquire the Salesforce Tower for €500m, a purchase that represents ...

Nov 29, 2022
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JLL IPT To Invest $500M In SFR Market As Industry Regulation Faces Roadblock
News

JLL IPT To Invest $500M In SFR Market As Industry Regulation Faces Roadblock

... operator.  Investment in SFR reached an apex last year, when Blackstone dropped $6B to acquire Home Partners of America — a company ...

Nov 17, 2022
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J.P. Morgan's headquarters in New York.
News

JPMorgan, Deutsche Bank Reportedly Exploring Sales Of U.S. Office Loans

... York's office market has also faced these issues, with Blackstone in March handing back the keys to a Midtown Manhattan ...

Nov 11, 2022
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