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Blackstone Co-Founder Peter Peterson Dies At 91
News

Blackstone Co-Founder Peter Peterson Dies At 91

... who founded private equity giant the Blackstone Group with current CEO Stephen Schwarzman, ... he joined with Schwarzman to form the Blackstone Group with $400K and two Rolodexes. The ... both had no idea when we started Blackstone in 1985 that the firm would grow ...

Mar 21, 2018
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5 Bryant Park in Midtown Manhattan
News

Blackstone Selling 5 Bryant Park For $640M

... tower 5 Bryant Park for $640M. Blackstone signed the contract to sell the building ... be approximately $980 per SF. When Blackstone originally marketed the property, it was seeking ... offers at $700M. Blackstone bought the 665K SF, 34-story building ...

Mar 05, 2018
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Suburban Homes
News

Blackstone, Starwood Waypoint Homes To Join Forces Creating A Rental Housing Goliath

... this story incorrectly stated Barry Sternlicht is the chairman of Blackstone. He is the chairman of Starwood. The story has been ...

Aug 10, 2017
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Blackstone, Fairstead Sell Another Former Caiola Portfolio Building
News

Blackstone, Fairstead Sell Another Former Caiola Portfolio Building

... The sale closed earlier this month, The Real Deal reports. Blackstone and Fairstead picked up the 24-building portfolio the building ... Street building. The 22 buildings in the portfolio that Blackstone will retain have been branded Array Rentals, and will ...

Feb 23, 2017
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Phipps Houses' could get about $700M for its Kips Bay Court.
News

Blackstone To Acquire Kips Bay Court For $620M

Jonathan Gray’s Blackstone Group is about to close the city’s largest multifamily ... Park in July. This is a return to form for Blackstone, which made the city’s two largest multifamily purchases last ...

Aug 18, 2016
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Blackstone Continues Selling Spree With 1065 Sixth Ave Marketing
News

Blackstone Seeks $700M For 1065 Sixth Ave

The Blackstone Group has begun shopping the 38-story, ... Built in 1957 and near 3 Bryant Park—which Blackstone sold to Ivanhoé Cambridge for $2.25B last ... to New York REIT for $180M.  Last month, Blackstone—headed by global head of real estate Jonathan Gray ...

Jul 28, 2016
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Blackstone Buys Flushing Mall for $400M
News

Blackstone Buys Flushing Mall for $400M

... one of the largest in Queens, and this transaction represents Blackstone's first venture into Flushing. Retailers include Nike, Restoration ... hard times, but it's attempting a comeback. The Blackstone acquisition, along with the success of the complex's three ...

Jun 23, 2015
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Blackstone Recruits Deutsche Bank's Jonathan Pollack
News

Blackstone Recruits Deutsche Bank's Jonathan Pollack

... of commercial real estate, Jonathan Pollack, has hopped aboard Blackstone Group as a senior managing director in the firm's ... estate division. He'll serve as chief investment officer for Blackstone Real Estate Debt Strategies, and report to Michael Nash. ...

Jun 16, 2015
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Blackstone in Talks to Buy GE's $26B Real Estate Portfolio
News

Blackstone in Talks to Buy GE's $26B Real Estate Portfolio

... away from its finance business. GE’s been talking to Blackstone and Wells Fargo about the $26B in office, retail and ... won’t ditch its aircraft leasing or healthcare financing arms. Blackstone isn’t yet confirming whether GE’s sale will be ...

Apr 10, 2015
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The Signature Bank branch on Madison Avenue in Manhattan.
News

Related, Blackstone-Led Groups Emerge As Likely Buyers For Signature Bank's Real Estate Loans

... generally couldn’t raise rents to cover costs. Investment giant Blackstone, along with Rialto Capital, is on the verge of acquiring ...

Nov 20, 2023
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