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Blackstone Leaders Predict 'New Cycle' Of Higher Real Estate Values On The Way After Slow Quarter
President Jon Gray says investor sentiment is turning positive after a period of outflows.
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President Jon Gray says investor sentiment is turning positive after a period of outflows.
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The flood of redemption requests has slowed, but many nontraded funds are still facing a cash crunch.
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Blackstone's President Jon Gray and CEO Stephen Schwarzman said sales and development activity is likely to dip in commercial real estate because of tariffs.
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The portfolio consists of 58 industrial properties and one surface parking lot across 13 states.
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PM Justin Trudeau officially opened the doors on Google Canada's new 185k SF office in the restored Breithaupt Block of Kitchener.
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Blackstone Real Estate Investment Trust plans to raise another $10B, in addition to its initial $5B fundraising goal.
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Pellerin could turn portions of the hotel, which is now run as an independent brand, into workforce and affordable housing.
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Blackstone REIT is acquiring AIG's affordable housing portfolio and other assets for $7.3B.
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In yet another buy, investment giant Blackstone is snapping up more than 100 apartment assets.
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