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Blackstone-Backed WeWork Rival The Office Group Sees Profits Jump
News

Blackstone-Backed WeWork Rival The Office Group Sees Profits Jump

... paying £756M in lease payments over that period. In 2017 Blackstone paid £319M for a majority stake in the company, a ... overseas expansion, opening sites in five buildings in Germany, where Blackstone has a major presence in the office market. Three of ...

Oct 21, 2019
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Blackstone Wins Bidding War To Acquire LaSalle Hotels For $4.8B
News

Blackstone Wins Bidding War To Acquire LaSalle Hotels For $4.8B

... the merger agreement that LaSalle has reached with Blackstone,” Pebblebrook Chairman John Bortz said in a release ... legal counsel. Morgan Stanley, JPMorgan and Eastdil Secured advised Blackstone, while Simpson Thacher & Bartlett was its legal representative ...

May 21, 2018
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Blackstone's Jonathan Gray Adjusting To Retail's Challenges
News

Blackstone's Jonathan Gray Adjusting To Retail's Challenges

... centers from American Realty Capital Partners. And in 2015, Blackstone also swooped in for 49 U.S. shopping centers, paying ... RioCan $1.9B for its properties. Blackstone plans to hold onto grocery-anchored shopping spaces, Gray said ...

Apr 07, 2017
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The office building at 815 Connecticut Ave. NW
News

Blackstone Sells D.C. Office Building To Spanish Billionaire For $231M

... underwent a significant renovation in 2013 has just traded hands.  Blackstone sold the 815 Connecticut Ave. NW office building to ... the deal. The property last sold in 2016, when Blackstone bought it from Swedish pension fund Alecta Real Estate Investment ...

Aug 29, 2019
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Blackstone Move Solidifies Miami Mayor’s Vision For A Global City
News

Blackstone Move Solidifies Miami Mayor’s Vision For A Global City

... global destination for talent and investment is coming to fruition. Blackstone, a private equity investment firm, has set its sights on ... & Dunlop CEO Willy Walker on the latest Walker Webcast. “Blackstone’s new headquarters shows we’re a tech city with ...

Oct 14, 2020
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Stuyvesant Town and Peter Cooper Village
News

Blackstone, Taconic Among Landlords Who Quietly Met With Housing Advocates Over Rent Regulations

... advocates to try to find a solution that suits everyone. Blackstone Group, A&E Real Estate Holdings and Taconic Investment ... , a 13% dip from 2018, according to Avison Young.  Blackstone owns Stuyvesant Town-Peter Cooper Village, and agreed in 2015 ...

May 30, 2019
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Blackstone Becomes One Of The Largest Real Estate Holders In Spain With This Deal
News

Blackstone Expands Global Real Estate Dominance Into Spain With This Deal

... As part of the deal, Blackstone and Banco Popular S.A. will ... the $35B worth of assets, of which Blackstone will be the majority owner and Banco will ... value of the portfolio,” Blackstone Global Head of Real Estate Jonathan Gray said. Blackstone won the bid ...

Aug 10, 2017
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Blackstone-Backed The Office Group’s Accounts Show You Can Make Money While Expanding In Coworking
News

Blackstone-Backed The Office Group’s Accounts Show You Can Make Money While Expanding In Coworking

... one-off cost of fees relating to the acquisition by Blackstone are stripped out, operating profit increased by around £6M, ... the overall corporate structure of The Office Group show that Blackstone paid founders Charlie Green and Olly Olsen and investor ...

Jan 28, 2019
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Blackstone Co-Founder Peter Peterson Dies At 91
News

Blackstone Co-Founder Peter Peterson Dies At 91

... who founded private equity giant the Blackstone Group with current CEO Stephen Schwarzman, ... he joined with Schwarzman to form the Blackstone Group with $400K and two Rolodexes. The ... both had no idea when we started Blackstone in 1985 that the firm would grow ...

Mar 21, 2018
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5 Bryant Park in Midtown Manhattan
News

Blackstone Selling 5 Bryant Park For $640M

... tower 5 Bryant Park for $640M. Blackstone signed the contract to sell the building ... be approximately $980 per SF. When Blackstone originally marketed the property, it was seeking ... offers at $700M. Blackstone bought the 665K SF, 34-story building ...

Mar 05, 2018
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