Blackstone Paid $3B To Buy Out CEO Of Data Center Arm QTS
The investment giant reportedly paid billions to buy the shares of QTS founder Chad Williams when he left in March, following the developer's rapid growth.
The investment giant reportedly paid billions to buy the shares of QTS founder Chad Williams when he left in March, following the developer's rapid growth.
Blackstone's decision to walk away from its three-asset Cedar portfolio does not mean the company has lost interest in the Dublin market.
Blackstone acquired the East Miami Brickell City Centre hotel in a $148M deal from a joint venture between Trinity Investments and Certares.
The all-cash deal to buy Alexander & Baldwin is focused on grocery-anchored retail but also includes 14 industrial assets and four offices in Hawaii.
Blackstone put the 245K SF office building at 399 Boylston St. up for sale in May.
The investment giants are planning a $1.94B CMBS offering to refinance the debt covering Extended Stay America hotels in 33 states.
The investment giant and a Canadian pension fund bought the 11,200-apartment property in 2015 for $5.4B.
Blackstone has offloaded $16.9B in real estate so far this year.
Blackstone has confirmed that it could line up a £2.2B-plus deal for the UK's leading self-storage operator, Big Yellow Group.
Blackstone's CMBS and mezzanine loans are backed by a multifamily portfolio spread across three states.
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