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News

Ex-Blackstone Dealmakers' $11B Investment Firm Plans To Quit NY For Austin Because Of Taxes, Lifestyle

Texas has no personal income tax, and its property and other taxes are generally lower than in New York. The recent limitation of the federal deduction for state and local taxes might also be a factor in high net worth individuals relocating from New York ...

Jun 06, 2018
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Tishman Speyer's The Spiral, designed by Bjarke Ingels Group, on the Far West Side of Manhattan.
News

1,031-Foot Hudson Yards Tower To Start Construction Behind $1.8B Blackstone Loan

... .9B in equity and a $1.8B construction loan from Blackstone Mortgage Trust. Tishman Speyer and a group of pension, foreign ...

Apr 10, 2018
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Ivanhoé And Blackstone Create Management Firm To Oversee Stuy Town
News

Ivanhoé And Blackstone Create Management Firm To Oversee Stuy Town

... .3B JV two weeks ago, Ivanhoé Cambridge Group and The Blackstone Group have decided to launch their own property management group ... of US acquisitions Nadeem Meghji says, "Rick has worked with Blackstone properties for almost a decade and is someone we know ...

Jan 08, 2016
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Blackstone, Ivanhoé Close on $5.3B Largest Mixed-Use in History
News

$5.3B Deal: Blackstone, Ivanhoe Cambridgé Close on Largest Mixed-Use in History

... 2.7B Fannie Mae loan earlier this month—Blackstone and Ivanhoé Cambridge just finalized the massive ... Manhattan, the city signed a deal with Blackstone to keep a 20-year lid on ... 225M in public backing of the deal. Blackstone's head of real estate Jon Gray— ...

Dec 18, 2015
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Falchi Building in Long Island City, bought by Savanna
News

Savanna Closes On Falchi Building With $200M Loan From Blackstone

... , not far away. It secured $200M in acquisition financing from Blackstone; Eastdil Secured brokered the sale and the financing. Savanna plans ...

Dec 22, 2016
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Fannie Mae Insures $2.7B Stuy Town Acquisition Loan to Blackstone, Ivanhoe
News

Fannie Mae Backs $5.3B Blackstone, Ivanhoé Acquisition with $2.7B Loan

Following the Tishman Speyer default, Fannie Mae will back Blackstone and Ivanhoé Cambridge’s $5.3B acquisition Stuyvesant Town-Peter ...

Dec 08, 2015
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Dalfen America Corp. President Sean Dalfen, Blackstone Managing Director David Levine and USAA Executive Managing Director David Buck
News

Blackstone, USAA Have Concerns About Industrial Real Estate

... mindful of the return expectations they’re going to have,” Blackstone Managing Director David Levine said. "With rising interest rates and ...

Feb 20, 2018
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Fairway's Brooklyn Stores Unscathed As Chain Emerges From Bankruptcy
News

Blackstone Affiliate Will Own Fairway Market, Brooklyn Stores To Remain Unscathed

... supermarket chain leave bankruptcy and involves a change of ownership. Blackstone’s GSO Capital Partners will replace Sterling Investment Partners, which ...

Jul 07, 2016
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Blackstone and Fairstead JV Purchase $690M NYC Multifamily Portfolio
News

Blackstone and Fairstead JV Purchase $690M NYC Multifamily Portfolio

... 's largest single residential portfolio sales in the past decade, Blackstone—headed by Jon Gray (pictured)—and Fairstead Capital have joined ...

Sep 15, 2015
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Blackstone Will Buy Excel Trust for $2B
News

Blackstone Will Buy Excel Trust for $2B

... , a REIT that focuses on retail properties, announced today that Blackstone’s buying all its outstanding shares at $15.85/share ...

Apr 10, 2015
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