The real estate arm is the latest offshoot from the family business of the legendary fashion designer, with his 23-year-old son at its helm.
Regional malls, industrial REITs and office landlords were among the hardest hit in the nationwide sell-off.
Robert Harper has taken the top spot at one of Blackstone's premiere funds ten days after the former CEO was killed in a mass shooting at the office.
Collateralized loan obligations have regained favor with investors as they come to terms with a “higher for longer” interest rate environment.
Publicly traded REITs reported leasing activity at or near record levels that delivered high occupancy rates, rent growth and increased funds from operations.
Blackstone, the largest private equity owner of apartments in the U.S., has acquired more than 230,000 units.
The prospect of rising rents is drawing private equity firms to rented residential.
Operators are spending $4B and $5B on room renovations alone.
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