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Blackstone's Real Estate Revenue Halved In 2023 Despite Expanded Portfolio
News

Blackstone's Real Estate Revenue Halved In 2023 Despite Expanded Portfolio

... sector.  In results that covered Q4 and full-year 2023, Blackstone said that its real estate assets under management rose from ... $848M from its opportunity fund business. In terms of outlook, Blackstone President Jon Gray told Bloomberg that 2024 should be an ...

Jan 25, 2024
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345 Park Ave.
News

Blackstone Earnings Take A Beating In Q3, But Assets Near $1T

... 94 a share during the same quarter a year ago. Blackstone executives acknowledged economic turbulence but also tried to put the ... have offset the impact of changing cap rates, Chae said. Blackstone President Jon Gray said that "hard assets are interesting" in ...

Oct 20, 2022
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Blackstone is lined up to acquire a further €1B of prime Dublin real estate
News

Blackstone Lined Up For €1B Office Acquisition From Fortress And Ronan

... Square development in Ballsbridge from the Serpentine consortium. The Blackstone deal meant it owned approximately 340K SF of the ... former AIB Bankcentre site. The latest acquisition cements Blackstone's interest as one of the largest international investors ...

Mar 28, 2022
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Blackstone-Owned EQ Office Sells OC Office Complex At A Discount
News

Blackstone-Owned EQ Office Sells OC Office Complex At A Discount

... today versus more than 60 percent in 2007,” a Blackstone spokesperson said in a statement to TRD. “We intentionally ... and supply/demand fundamentals.”  In a recent earnings call, Blackstone reported its realizations from real estate sales in the second ...

Jul 27, 2023
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Blackstone Backing Up The Money Truck Again With $7.6B Acquisition Of PS Business Parks
News

Blackstone Backing Up The Money Truck Again With $7.6B Acquisition Of PS Business Parks

... to vote its shares in favor of the deal.  Blackstone has been investing in real estate at a fever pitch ... will invest in commercial-stage bioscience/biotech ventures, complementing Blackstone Life Sciences' overall investment strategy in the life sciences ...

Apr 25, 2022
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student housing
News

Blackstone To Acquire American Campus Communities In $13B Bet On Dorms

... manage the assets. The company, with capital backing from Blackstone, will invest in its existing assets and create new ... housing in university markets, Blackstone Real Estate co-Head of Americas Acquisitions Jacob Werner said ...

Apr 19, 2022
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Blackstone And Brookfield Extend £780M In Loans
News

Blackstone And Brookfield Extend £780M In Loans

... now much higher than when loans were originally underwritten. Blackstone has extended two loans secured against portfolios of UK ... to refinance a portfolio of light industrial assets that Blackstone bought in 2020.  Brookfield has extended the maturity of ...

May 19, 2023
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Blackstone, Worthe Real Estate Selling Former Forever 21 Site, Bids Could Top $200M
News

Blackstone, Worthe Real Estate Selling Former Forever 21 Site, Bids Could Top $200M

A joint venture of Blackstone and Worthe Real Estate Group is selling the former Forever ... December 2018, according to Real Estate Alert. CBRE is representing Blackstone and Worthe. Its marketing campaign centers on the ability of ...

Feb 06, 2024
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Cash money U.S. currency funds for distressed investing
News

Blackstone Had Its Best Year Ever Last Quarter

... any previous full year, The Wall Street Journal reports. Blackstone reported $154.8B of inflows to assets under management during ... and Home Partners of America within the past year. Blackstone also reports that its returns for opportunistic real estate in ...

Jan 27, 2022
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Blackstone Takes A $47M Loss On Sale Of Santa Ana Office Towers
News

Blackstone Takes A $47M Loss On Sale Of Santa Ana Office Towers

... represents an approximately $47M loss for the property's seller, BlackstoneBlackstone bought the towers in 2014 from Lincoln Property Co. and ... the towers is still listed as an LLC connected to Blackstone in public records, since the recent sale has not ...

Apr 07, 2023
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