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The 1,024-room Parc 55 San Francisco as it appeared in Feb. 2021
News

San Francisco's Hilton Union Square, Parc 55 Sell For $408M

... deal arrives amid a run of major hospitality investments downtown. Blackstone acquired the Four Seasons Hotel for $130M earlier this month ...

Nov 25, 2025
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Lackluster Studio Business Drives Hudson Pacific To Post $136M Loss
News

Lackluster Studio Business Drives Hudson Pacific To Post $136M Loss

... on the company's balance sheet, resulting in a loss. Blackstone is still involved with the property. HPP’s stages were ...

Nov 05, 2025
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Paramount Group owns 13M SF of CRE in New York and San Francisco, including a stake in the M&M World store in Times Square.
News

Rithm Capital Strikes $1.6B Deal To Acquire Office REIT Paramount

... to investors in May that it was exploring strategic alternatives. Blackstone and its Manhattan office REIT rivals SL Green and Vornado ...

Sep 16, 2025
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REPORT: Wharton Considering Financial District For Expansion Of San Francisco Campus
News

REPORT: Wharton Considering Financial District For Expansion Of San Francisco Campus

... for $111.3M in a joint venture of DivcoWest and Blackstone Real Estate.  “300 Howard sits at the heart of one ... talent driving the future of AI and technology.” Divco and Blackstone have launched an effort to rebrand the area as AI ...

Apr 24, 2025
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'It Doesn’t Even Register': Silicon Valley No Longer Considered A Top Data Center Market
News

'It Doesn’t Even Register': Silicon Valley No Longer Considered A Top Data Center Market

... ’s AI ambitions drive a digital infrastructure arms race that Blackstone predicts will see a trillion dollars invested in new data ...

Dec 20, 2024
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Blackstone Closes Loan Extension On San Francisco's Schwab Building After Defaulting
News

Blackstone Closes Loan Extension On San Francisco's Schwab Building After Defaulting

Blackstone didn't respond to a request for an interview by ... can do in the interim.”  In April, a spokesperson for Blackstone said this is par for the course. “This is a ...

Sep 04, 2024
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Santa Clara Gateway property
News

This Week's Bay Area Deal Sheet

... , new seating and an updated sports court.  SALES  Affiliates of Blackstone sold four industrial properties in the East Bay to New ...

May 12, 2024
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Google logo on top of a building
News

Google To Further Consolidate Real Estate Footprint, Move Out Of One Market Plaza

... spokesperson said in an email. A spokesperson for Blackstone and Paramount said when reached by Bisnow Wednesday that ... have dealt with financing challenges. In January, Paramount and Blackstone extended a $975M financing package collateralized by One Market ...

May 08, 2024
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Blackstone Works For Loan Extension On Former Charles Schwab HQ
News

Blackstone Works For Loan Extension On Former Charles Schwab HQ

... loan, which requires approval from the special servicer,” a Blackstone spokesperson told Bisnow via email. Following a modification to a ... its workforce and slashing its real estate footprint nationwide. Blackstone has been busy in the Bay Area lately. In ...

Apr 17, 2024
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345 Park Ave.
News

Blackstone Liability To University Of California Reaches $560M

... its promised returns for the university system, FT reported. Blackstone’s liability to UC has swelled to $560M, according ... , redemption requests have dropped by about 80%, FT reported. Blackstone CEO Jonathan Gray has said that he expects property values ...

Feb 26, 2024
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