Blackstone has sold an extended-stay, Marriott-branded hotel in Torrance, near Redondo Beach for about $54 million, or roughly $218,000 per key, according to property and business records. Blackstone’s Matt Vizza, a managing... Read more »
Blackstone is gaining 8,300 apartments across California with its $10 billion acquisition of AIR Communities. On Monday, Blackstone announced it was buying AIR Communities, also known as Apartment Income REIT, for $10... Read more »
Rexford Industrial Realty has acquired approximately 3,008,000 square feet of industrial properties in separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners... Read more »
Rexford Industrial Realty has bought 3 million square feet of industrial properties in Southern California from Blackstone in a whopping $1 billion deal, adding almost 7 percent of square footage to its... Read more »
Finance of America Companies (FOA), which had previously borrowed $60 million from longtime backer Blackstone Group, has increased its borrowed amount to $85 million and extended the end of its repayment term... Read more »
Private equity giant Blackstone is set to acquire Tricon Residential in a deal valued at around $3.5 billion, the company announced last week. Blackstone entered an agreement to acquire all outstanding common... Read more »
Tricon is a landlord and developer of single-family rental homes in the United States and Canada with a portfolio of over 38,000 rentals. The verdict is in — the old way of... Read more »