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Value of the huge shopping centre has fallen below the level of the debt.
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Blackstone's global co-head of real estate said Thursday its investments and convictions are still quite targeted, even given its current scale.
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Blackstone Group is winding down a fund specializing in CMBS.
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Other property types are suffering during the pandemic, but not industrial.
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The Blackstone Group may be planning a big office move in an uncertain office market.
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Blackstone Group closes on an $8B CRE debt fund, the largest of its kind.
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Big beasts extend and pay down debt.
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The deal for the two San Jose buildings reportedly came in at $770 per SF.
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Blackstone Real Estate Partners VIII has sold BioMed Realty Trust to a new, long-term fund so its investors can hold the life sciences landlord long-term.
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Blackstone-owned company paid out £130M dividend
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