Deutsche Bank's former global head of commercial real estate, Jonathan Pollack, has hopped aboard Blackstone Group as a senior managing director of real estate.
It's still a hot market for downtown office building sales.
Blackstone Group is so confident in the potential of the Flushing Queens real estate market that it just spent $400M on the mall and at Sky View Parc.
Easton’s Group of Hotels / The Gupta Group just bought the Westin Bristol Place Toronto Airport on Dixon Road from Blackstone and is spending $9M on renos.
Blackstone would have paid more in transfer taxes but claimed some "personal property" exemptions.
The sale price of River Point North fell just short of the originally reported $390M
Blackstone Eyes Buying BioMed Realty
In one of New York City's largest single residential portfolio sales in the past decade, Blackstone and Fairstead bought 24 apartment buildings for $690M.
Blackstone reportedly is selling two Boston Back Bay buildings to JPMorgan and Oxford in a quiet deal.
Jonathan Gray gives us the scoop on the market in our Bisnow Video of the Day.
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