The flood of redemption requests has slowed, but many nontraded funds are still facing a cash crunch.
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.
The portfolio consists of 58 industrial properties and one surface parking lot across 13 states.
PM Justin Trudeau officially opened the doors on Google Canada's new 185k SF office in the restored Breithaupt Block of Kitchener.
Blackstone Real Estate Investment Trust plans to raise another $10B, in addition to its initial $5B fundraising goal.
Pellerin could turn portions of the hotel, which is now run as an independent brand, into workforce and affordable housing.
Blackstone REIT is acquiring AIG's affordable housing portfolio and other assets for $7.3B.
In yet another buy, investment giant Blackstone is snapping up more than 100 apartment assets.
Blackstone has ended its pandemic forbearance policies for residential tenants, evicting hundreds and setting the stage for potentially thousands more.
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