#Blackstone

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therealdeal.com
4 weeks ago
LA real estate

Blackstone Gains 8,300 Units in California With AIR Deal

Blackstone acquires 8,300 apartments in California for $10 billion, marking its largest multifamily acquisition.
Deal includes 27,000 apartments across 10 states with 30% in California, part of AIR Communities' $3 billion valued portfolio. [ more ]
therealdeal.com
3 months ago
LA real estate

Cityview Buys LA, WeHo Apartment Portfolio from Blackstone

Cityview has acquired six apartment buildings in Los Angeles and West Hollywood for $63 million.
The portfolio of buildings was sold by Blackstone, and the seller declined to comment on the deal. [ more ]
therealdeal.com
3 months ago
LA real estate

$21B in CMBS Loans Will Come Due Across LA, OC in 2024

$21 billion worth of debt backed by L.A. and O.C. properties will mature in 2024
Nearly 60% of the CMBS and CLO loans coming due this year are in special servicing or watchlisted [ more ]
WSJ
5 months ago
Business intelligence

WSJ News Exclusive | Blackstone, Digital Realty Team Up to Develop $7 Billion in Data Centers

Blackstone and Digital Realty are partnering to develop $7 billion in data centers
The venture will focus on providers of online content, cloud services, and artificial intelligence [ more ]
WSJ
5 months ago
Fundraising

WSJ News Exclusive | Blackstone Raises $2.6 Billion for Real-Estate Secondaries Deals

Blackstone has raised $2.6 billion for its Strategic Partners Real Estate VIII fund, dedicated to acquiring stakes in real estate investment firms.
The fund aims to take advantage of a growing need for cash among investors in the real estate sector.
This is the largest vehicle Blackstone has raised for acquiring stakes in funds of other private investment firms. [ more ]
Yahoo Finance
5 months ago
London

Blackstone plans to double down on its Europe real estate investments-but in London, it already has an upper hand as WeWork locations fall

Blackstone plans to expand its real estate holdings across European markets, including data centers, warehouses, and student housing.
Blackstone's operations in the London real estate market, particularly through The Office Group, are already ahead of WeWork in terms of flexible office locations. [ more ]
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