Blackstone Taking Bids On 815K SF Atlanta Office Tower

Blackstone acquired the building as part of its acquisition of Preferred Apartment Communities.

Blackstone Sells Stake In Bellagio, Valuing The Vegas Icon At $5.1B

BREIT sells off yet another asset, trading its 22% stake as Vegas heats back up.

Nontraded REITs Will Give Back $20B In Redemption Requests After Battering Year

Fundraising for nontraded REITs has plunged in the last year.

Blackstone Lines Up $845M Refi For 6-State Multifamily Portfolio

BREIT lined up a $845.2M refinancing deal for a 12-property multifamily portfolio it acquired 98% of from Cortland Sponsors LLC in 2021.

Developer Richard Naing Is Retiring, Selling Hotel Portfolio

The Hotel Brexton and The Inn at the Colonnade are up for sale.

Office Leasing Drops In Center City Despite Job Growth

Office leasing activity in Center City Philadelphia tapered off in Q3 despite strong citywide job numbers, according to a report from JLL.

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Secondary Marketplaces Offer New Liquidity Options As Nontraded REITs Limit Redemptions

The addition of BREIT to LODAS Markets' secondary marketplace offers new options for investor liquidity beyond redemptions.

With Post-Industrial Authenticity, Creative Office Is Philly In A Nutshell

Creative office takes outdated or forgotten industrial space and turns it into something cool and original. In that way, it's much like Philadelphia.