... s cash flow stopped covering the monthly debt payments and Blackstone decided not to fund the shortfall, Bisnow reported at ... the best interests of all parties involved," a spokesperson for Blackstone told Bisnow in a statement. The properties in question ...
... servicer Green Loan Services to manage the financing deal. Blackstone has extensive Manhattan holdings, and the decision to hand ... all parties involved, including our investors and lender,” a Blackstone spokesperson said of the building. “The vast majority of ...
... publicly traded firms will be about $350M. “Our partnership with Blackstone, Hudson Pacific, and the City of New York will solidify ... .9% ownership, while Hudson Pacific will have 25.6% and Blackstone’s institutional core-plus real estate fund will own 24 ...
... considering redeveloping an existing building. Both Blackstone and Rudin declined to comment. Blackstone has about 1.1M SF of offices ... moving to 55 Water St. in 2020. A Blackstone spokesperson told Commercial Observer that that particular asset is facing ...
... tailwinds for the logistics industry. The deal adds to Blackstone’s investment push in global logistics assets that has been ... China Investment Corp. in 2017 for nearly $13.9B. Blackstone also handles its industrial activity through Link Logistics Real Estate ...
Blackstone is making a major expansion of its Manhattan ... there are questions about older, Class-B office buildings. Blackstone itself handed back the keys to its lender at 1740 ... Newmark brokered the deal at 601 Lexington Ave. for Blackstone, per Bloomberg.
... footprint of 1M SF, The Real Deal reports. Blackstone declined to comment. Blackstone is still in the early stages of its ... from Boston Properties and the Moinian Group, TRD reported. Blackstone has also been in talks with Rudin Management and Vornado ...
Blackstone is close to taking a 49% stake in Brookfield’s ...
... , and the 11 properties are piece of Blackstone’s plan to buy assets from the company ... of deals they go after. In June, Blackstone announced its purchase of a 179M SF portfolio ... 117M SF industrial portfolio from Blackstone, IndCor, for $8.1B in 2014.
... on a vote by Gramercy shareholders, but not financing by Blackstone. Gramercy's 81M SF portfolio is mostly single-tenant industrial ... buy DCT Industrial Trust for $8.4B. For its part, Blackstone inked a deal in March to buy Canyon Industrial Portfolio ...
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