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The loan will replace $750M of maturing CMBS debt on the property.
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Blackstone buys $1.7B U.S. portfolio from Alecta, grabs 21 U.S. properties.
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Here's what Blackstone Group has bought and sold in 2016.
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Blackstone Group and Equity Office unveiled plans they say will maximize the 4M SF building's potential.
Blackstone and Fairstead picked up the 24-building portfolio the building was part of from the Caiola family in 2015.
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Blackstone Group is investing $20M to renovate one of Willis' main revenue generators.
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Blackstone puts its dry powder to work on industrial infill assets.
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Blackstone's Jonathan Gray says most shopping centers can expect lower growth. He is investing in logistics, warehouses, grocery anchored and infill retail.
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Blackstone sells two Santa Monica office properties to Douglas Emmett, Qatar Investment Authority. Douglas Emmett now holds 71% of Santa Monica office market.
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Blackstone Group unloads its final 21% interest in SeaWorld Entertainment to a Chinese firm for $429M.
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