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Defaulted Loan On Blackstone's 1740 Broadway For Sale After $430M Value Drop
News

Defaulted Loan On Blackstone's 1740 Broadway For Sale After $430M Value Drop

... will work collaboratively to transfer the ownership,” a Blackstone spokesperson told Bisnow in a statement.  The discount ... residential conversion, Bloomberg reported, citing unnamed sources. Blackstone stopped funding the property's operating shortfall in ...

Jan 17, 2024
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Fisher Brothers' 1345 Sixth Ave., where Brevan Howard quadrupled its lease this week.
News

This Week's N.Y. Deal Sheet: Blackstone Buys Into 1345 Sixth Ave. At $1.4B Valuation

Rialto Capital Management provided a $31.1M refi for a Lower East Side multifamily portfolio owned by Gaia Real Estate Holdings, Commercial Observer reported. The loan covers four buildings, spanning 84 apartments and seven retail units. The buildings ...

Jun 10, 2025
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122 Greenwich Ave., where RFR has allegedly defaulted on loans covering eight commercial condos previously provided by Signature Bank.
News

Rialto, Blackstone Ramp Up Foreclosure Suits On Signature Bank's Former Borrowers

... commercial condominiums and a landmarked Midtown office tower. Blackstone and the Canada Pension Plan Investment Board paid $ ... stabilized or subsidized housing. Now, eight months since Blackstone and Rialto bought Signature's commercial loans, they have ...

Aug 12, 2024
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Loan Backed By Manhattan Office Tower Blackstone Gave Up On Set To Hit The Market
News

Loan Backed By Manhattan Office Tower Blackstone Gave Up On Set To Hit The Market

... 2023,” according to commentary on the Morningstar Credit database. Blackstone bought the 621K SF tower from Vornado Realty Trust in ... , we will work collaboratively to transfer the ownership,” a Blackstone spokesperson told Bisnow in an email. “We aim to ...

Sep 18, 2023
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How Blackstone Picks Proptech Firms To Fund And Where It Will Be Looking Next
News

How Blackstone Picks Proptech Firms To Fund And Where It Will Be Looking Next

... 're seeing across our portfolio,’” John Fitzpatrick, Blackstone's chief technology officer of alternative asset management ... public offerings have bolstered investor confidence too. For Blackstone, Fitzpatrick said data management — which he considered ...

Oct 15, 2021
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Three Bryant Park
News

The $39B EOP Deal Should Have Killed Blackstone. Instead It Reaped A $7B Profit

... equity. The portfolio was ultimately handed over to lenders. Blackstone also sold portfolios of assets from San Francisco to Connecticut ... product of the heady financial markets of 2007. But Blackstone stressed that using debt that gives it this operational ...

Oct 14, 2019
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How KKR, Blackstone, SL Green See The Real Estate Market Right Now
News

How KKR, Blackstone, SL Green See The Real Estate Market Right Now

... research centers and a growing life sciences industry. She noted Blackstone has been increasingly active in the West Coast markets. “We ... classes where we see tailwinds from disruption,” she said. Blackstone has doubled down on industrial in the last year. In ...

Sep 25, 2019
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The Park Central Hotel LaSalle
News

LaSalle Rejects Pebblebrook's Latest Offer In Favor Of Blackstone Deal

... last month, the REIT announced Monday. The board favored the Blackstone offer, valued at $33.50/share, over Pebblebrook's ... 22. That same day, Barnello received a call from a Blackstone executive, and those discussions ultimately led to the deal announced ...

Jun 18, 2018
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SJP Properties Hires Leasing Executive Away From Blackstone's EQ Office
News

SJP Properties Hires Leasing Executive Away From Blackstone's EQ Office

... partnership opportunities in the city. At EQ Office, a Blackstone-owned U.S. office portfolio company formerly named Equity Office ... in the leasing of 11 Madison Ave., and with Blackstone he worked on the implementation of capital improvements at Park ...

Oct 10, 2018
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Giant Partnership: Blackstone Buying 49% Of Brookfield's Downtown Skyscraper
News

Giant Partnership: Blackstone Buying 49% Of Brookfield's Downtown Skyscraper

... One Liberty Plaza office building to Blackstone in a deal that values the building ... .5B, the New York Post reports. Blackstone paid roughly $660/SF for its large ... development in Hudson Yards. Brookfield and Blackstone might be partnering on this building, ...

Dec 05, 2017
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