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Apartment Vacancy Dips As Demand For Rental Housing Outpaces Record Supply
News

Apartment Vacancy Dips As Demand For Rental Housing Outpaces Record Supply

... to CBRE. While that was a decrease from Q2, without Blackstone's $10B April purchase of Apartment Income REIT, sales volume ...

Nov 05, 2024
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Ominous plane with a fence at night
News

White House Expands Program Scrutinizing Foreign Land Purchases Near Military Bases

... the law despite opposition from real estate heavy hitters, including Blackstone, Starwood Capital and Related Cos. It is the subject of ...

Nov 04, 2024
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This Is The Strategy Behind Blackstone, Starwood And Ares’ £2B UK Hotel Chain Frenzy
News

This Is The Strategy Behind Blackstone, Starwood And Ares’ £2B UK Hotel Chain Frenzy

... Capital Partners for a price reported to be £850M. For Blackstone, a major part of the deal was leveraging the brand ... fitness, and the food and beverage all under one roof,” Blackstone Senior Managing Director Michael Swank said at the event.  “It ...

Oct 28, 2024
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This Week's D.C. Deal Sheet: Blackstone Acquires L'Enfant Plaza Buildings At Foreclosure Auction
News

This Week's D.C. Deal Sheet: Blackstone Acquires L'Enfant Plaza Buildings At Foreclosure Auction

New York-based Blackstone Mortgage Trust acquired the properties for $83.7M, the Washington ...

Oct 25, 2024
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This Week's Chicago Deal Sheet: Cresa Acquires Seattle-Based Project Management Firm
News

This Week's Chicago Deal Sheet: Cresa Acquires Seattle-Based Project Management Firm

... Estia Properties bought a mixed-use building at 5300 S. Blackstone Ave. for $9M. The property is made up of 24 ...

Oct 22, 2024
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541 Lexington Ave., formerly the Maxwell hotel.
News

Issac Hera Takes Over Former Maxwell Hotel After $234M Foreclosure

... on and take over 1740 Broadway, an office building that Blackstone bought for $605M in 2014. It also picked up the ...

Oct 22, 2024
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Finance
News

Starwood Blames Uncertain Market Dynamics For 50% Dublin Office Loan Write-Down

... Starwood, which in turn provided funding to Blackstone for the acquisition. Blackstone’s €535M purchase of the combined 600K ... challenging market dynamics” meant the group was working with Blackstone and a valuation and advisory firm to identify future ...

Oct 21, 2024
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Morgan Stanley Invests In Data Center Provider Flexential
News

Morgan Stanley Invests In Data Center Provider Flexential

... and United Arab Emirates-backed tech fund MGX. Last week, Blackstone executives indicated the firm is continuing to increase its investment ...

Oct 21, 2024
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620 Avenue of the Americas
News

RXR Holds On To Chelsea Landmark, Sells 50% Stake To Hudson Bay Capital

... Friday.  The debt was furnished by Goldman Sachs and Blackstone, Commercial Observer reported. Loan documents filed with the city ...  show an entity tied to Blackstone Mortgage Trust provided a $334M senior mortgage, which ...

Oct 18, 2024
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Blackstone sign
News

Blackstone Has More Than Doubled Its Real Estate Spending. Next Year It Could Start Selling

... middle of a broad-based recovery in real estate.” Blackstone beat expectations for its third-quarter performance. Its ... 3B, roughly 10% above analyst projections, Bloomberg reported. Blackstone increased its assets under management from $1.08T in Q2 ...

Oct 17, 2024
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