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The Metropolitan Square office building at 655 15th St. NW
News

D.C.'s Metropolitan Square Office Building Changes Hands

... Deeds show and the Washington Business Journal first reported.  Blackstone previously owned 80% of the property and Boston Properties ... owned a mezzanine loan tied to the building. A Blackstone spokesperson confirmed that the firm exited its investment.  “We ...

Oct 03, 2023
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PRP Pays $323M For Market Square, D.C.'s Largest Sale In 18 Months
News

PRP Pays $323M For Market Square, D.C.'s Largest Sale In 18 Months

... , according to Commercial Observer, which first reported the sale. Blackstone declined a request to comment on the loan amount, and ... last year and have now exited the investment,” a Blackstone spokesperson told Bisnow in an email.  The spokesperson said ...

Mar 21, 2024
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Pebblebrook CEO Jon Bortz and CFO Raymond Martz in Geneva in 2014
News

Pebblebrook CFO Raymond Martz Opens Up About The LaSalle Bidding War

... year, when the board agreed to a merger with Blackstone. Even though Blackstone’s offer at the original time was 7% below ... retrospect that LaSalle’s shareholders would not have approved the Blackstone deal. That was the starting point. And an interesting ...

May 22, 2019
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Moseley Multi-Family's Johnny Moseley, Hines' Andrew McGeorge and Jefferson Apartment Group's Jim Butz speaking at the Bisnow Multifamily Annual Conference East in December 2021.
News

Flood Of Capital To Red-Hot Multifamily Pushing Down Returns, Even As Rents Spike

... watch how much money is being raised by Starwood and Blackstone,” Jefferson Apartment Group CEO Jim Butz said. “The ... 35B this year. These funds, managed by investment giants like Blackstone Group, Starwood Capital, Nuveen and Hines, have largely deployed ...

Dec 06, 2021
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Jamestown's America's Square office property at 300 New Jersey Ave. NW and 51 Louisiana Ave. NW.
News

This Week's D.C. Deal Sheet

... SF office property surrounding the Navy Memorial, for $323M from Blackstone and Columbia Property Trust. The sale pencils out to $464 ...

Mar 22, 2024
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The office tower at 1812 North Moore (right) is home to Nestlé's U.S. headquarters.
News

Trophy Arlington Office Tower Heading To Foreclosure Auction

...  on its 660 North Capitol St. office building. In October, Blackstone handed its stake in D.C.'s Metropolitan Square to ...

Nov 22, 2023
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Lowe Enterprises Vice President Brant Snyder JBG Smith Executive Vice President Britt Snider and Bernstein Cos. Vice President Greg Rooney
News

COPT Hires Former Redbrick, JBG Exec As COO

...  ramped up its data center portfolio this year, partnering with Blackstone in January to purchase a 90% interest in a five ...

Nov 21, 2023
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Northern Virginia data center opponents protesting outside of Bisnow's DICE East event in Tysons last month.
News

Planners Recommend Rejection Of Massive Data Center Project In Prince William County

... center market in the world. Both Compass Datacenters and QTS — Blackstone's fast-growing data center subsidiary — have proposed large campuses ...

Oct 30, 2023
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The Residence Inn Arlington Pentagon City
News

Residence Inn Next To Amazon HQ2 Sells For $99M

... to Arlington County property records. An LLC registered to Blackstone's headquarters at 345 Park Ave. in Manhattan is ... Select Hotels Corp., a Blackstone-controlled, nontraded REIT, according to the Reonomy platform. Blackstone did not immediately return a ...

Aug 12, 2019
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Starwood Capital's headquarters building in Miami Beach, Florida.
News

Starwood REIT Replaces CEO Who Had Led It Since 2017 Launch

... the fourth quarter from SREIT, along with industry-leading Blackstone REIT, spooked investors and caught the attention of the ... and Southwest. The nontraded REIT sector, which Starwood and Blackstone have dominated, came about in 2016 but quickly grew in ...

May 12, 2023
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