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Horizon at Miramar apartment complex sold to Bell Partners
News

Blackstone Sells Miramar Apartment Complex For $121.3M

... latest in the last couple of months for Blackstone. Last week, Blackstone sold a 26-building South Florida industrial ... 331.3M, Commercial Observer reported. Outside the region, Blackstone unloaded an $845M multifamily portfolio in Dallas this month and ...

Nov 26, 2024
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500 Park Ave., which SL Green bought from Morgan Stanley for $130M this week.
News

This Week’s N.Y. Deal Sheet: SL Green Snaps Up Park Avenue Office For $130M

... and triple-digit rents,” Sitomer said. TOP SALES Blackstone spent $197.5M acquiring four retail properties in Manhattan ... Katz, Molly Diamondstein, Melissa Brown and Shakierah Smith advised Blackstone. *** AmTrustRE bought 360 Lexington Ave., a 1959-built ...

Nov 26, 2024
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Shopping centre
News

Morgan Stanley Backs SVP With €400M Loan To Land Blanchardstown Centre

... has seen its value fall by nearly €400M. In 2016, Blackstone paid €950M for Blanchardstown Centre from Stephen Vernon’s Green ... single property in the state's history. By August 2020, Blackstone was reportedly prepared to surrender control if a debt deal ...

Nov 25, 2024
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Brookfield Buys $845M Multifamily Portfolio From BREIT
News

Brookfield Buys $845M Multifamily Portfolio From BREIT

The company picked up the eight-property portfolio from Blackstone REIT earlier this month, CoStar News reported. Four ... the strong institutional demand for well-located, quality assets,” Blackstone said in an emailed statement. “Rental housing remains one ...

Nov 22, 2024
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Blackstone sign
News

Moody’s Downgrades Blackstone Mortgage Trust On Office Concerns

... despite expected weakening in asset quality and profitability, [Blackstone Mortgage Trust's] capital position and funding profile will ... months,” Moody’s analysts wrote.  After the downgrade, Blackstone Mortgage Trust announced what it described as “strong ...

Nov 20, 2024
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A Jersey Mike's location in Massachusetts.
News

Blackstone Buying Majority Stake In Jersey Mike's Subs At $8B Valuation

... on its loyal customer base as it has scaled nationwide," Blackstone Senior Managing Director Peter Wallace said in a statement. ... private equity real estate investment ever, according to the WSJ. Blackstone has also bought into Servpro and 7Brew. In August, ...

Nov 19, 2024
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Savanna paid $255M to buy 799 Broadway, a loss for its developers, Columbia Property Trust and Cannon Hill Capital Partners.
News

Savanna Buys 799 Broadway For $255M, Slightly Less Than Building's Debt

... to Commercial Observer, which first reported the deal. Blackstone Mortgage Trust issued the loan in 2022 and facilitated ... our carrying values,” a Blackstone Mortgage Trust spokesperson told Commercial Observer. A Blackstone spokesperson didn't respond to ...

Nov 19, 2024
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Looking for distress
News

Distress, Opportunistic Fundraising Dries Up With Deals Failing To Materialize

... had the same thought. KKR & Co., Apollo Global Management, Ares, Blackstone and Lone Star Funds are among the equity giants that ...

Nov 19, 2024
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Awards onstage at Bisnow's 2023 New York Women Leading Real Estate event.
News

Meet Bisnow’s 27 New York Power Women For 2024

... Real Estate Group and Global Head of Core+ Real Estate, Blackstone Kerry Powers, Managing Director and Chief Sustainability Officer, Savanna Bethany ...

Nov 18, 2024
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Shopping carts
News

Blackstone To Pay $4B For West Coast Shopping Center REIT

... healthy,” Jacob Werner, co-head of Americas acquisitions at Blackstone, said in a statement. The all-cash transaction will ... an interesting year to invest in retail real estate,” Blackstone Senior Managing Director Andrea Drasites said during the World ...

Nov 07, 2024
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