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#jersey-mikes

Blackstone acquires Jersey Mike's sandwich chain with plans to 'accelerate its expansion'

Jersey Mike's is being acquired by Blackstone to accelerate its U.S. expansion and technological investments.

Meet the Jersey Mike's founder now worth $7.5 billion after selling his sandwich chain to Blackstone

Peter Cancro's sale of Jersey Mike's to Blackstone makes him one of the world's richest people with a fortune of $7.5 billion.

Jersey Mike's chain acquired by private equity firm Blackstone for $8 billion

Blackstone is acquiring majority ownership of Jersey Mike's to aid its expansion and technological advancements.

Blackstone acquires Jersey Mike's sandwich chain with plans to 'accelerate its expansion'

Jersey Mike's is being acquired by Blackstone to accelerate its U.S. expansion and technological investments.

Meet the Jersey Mike's founder now worth $7.5 billion after selling his sandwich chain to Blackstone

Peter Cancro's sale of Jersey Mike's to Blackstone makes him one of the world's richest people with a fortune of $7.5 billion.

Jersey Mike's chain acquired by private equity firm Blackstone for $8 billion

Blackstone is acquiring majority ownership of Jersey Mike's to aid its expansion and technological advancements.
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#jersey-mikes-subs

Private equity giant Blackstone takes majority ownership of Jersey Mike's Subs sandwich chain

Jersey Mike's Subs secures future growth with Blackstone's majority stake, aiming for expansion and investment in technology amidst a challenging restaurant landscape.

Blackstone Acquires Jersey Mike's for $8 Billion | Entrepreneur

Blackstone acquires Jersey Mike's Subs for $8 billion, highlighting its interest in fast-casual franchises and signaling growth potential for the company.

Private equity giant Blackstone takes majority ownership of Jersey Mike's Subs sandwich chain

Jersey Mike's Subs secures future growth with Blackstone's majority stake, aiming for expansion and investment in technology amidst a challenging restaurant landscape.

Blackstone Acquires Jersey Mike's for $8 Billion | Entrepreneur

Blackstone acquires Jersey Mike's Subs for $8 billion, highlighting its interest in fast-casual franchises and signaling growth potential for the company.
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Inside the secretive operation helping manage billionaire Steve Schwarzman's vast fortune

Steve Schwarzman, with a fortune of $57 billion, influences multiple industries through his wealth and has a notable presence in politics.

Insider Today: Blackstone's juggernaut

Blackstone's shift to dominate the private credit market marks a significant transformation in global lending practices.

Inside Blackstone's growing 'credit juggernaut'

Blackstone's private lending has become its largest business unit by assets, reflecting a significant shift in their investment strategy.

How Blackstone made 18,000 workers owners of their HVAC company

Private equity firms are increasingly engaging employees through profit-sharing and equity programs to enhance motivation and performance.
#job-creation

UK government secures 10bn AI datacentre investment from US firm | Computer Weekly

Blyth, Northumberland will host Europe's largest AI-dedicated datacentre, creating 4,000 jobs funded by Blackstone's £10bn investment.

10bn data centre investment shows UK open for business', says Starmer

A $10 billion AI data center investment by Blackstone will create 4,000 jobs in Blyth, UK, marking a boost for the local economy.

Blackstone bets 10B on AI with UK datacenter development

Blackstone's £10 billion investment in a major AI datacenter in the UK signifies confidence in the country's economy and aims to create 4,000 jobs.

Blackstone confirms 10 billion data center in UK

Blackstone is enhancing the UK's AI infrastructure by investing $13.3bn in a new data center, essential for the country's tech competitiveness.

UK government secures 10bn AI datacentre investment from US firm | Computer Weekly

Blyth, Northumberland will host Europe's largest AI-dedicated datacentre, creating 4,000 jobs funded by Blackstone's £10bn investment.

10bn data centre investment shows UK open for business', says Starmer

A $10 billion AI data center investment by Blackstone will create 4,000 jobs in Blyth, UK, marking a boost for the local economy.

Blackstone bets 10B on AI with UK datacenter development

Blackstone's £10 billion investment in a major AI datacenter in the UK signifies confidence in the country's economy and aims to create 4,000 jobs.

Blackstone confirms 10 billion data center in UK

Blackstone is enhancing the UK's AI infrastructure by investing $13.3bn in a new data center, essential for the country's tech competitiveness.
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Labour to announce 10bn AI project in Northumberland backed by pro-Trump billionaire

A £10 billion AI datacentre in Northumberland will create 4,000 jobs, marking a significant foreign investment in the UK economy.

Vista Equity Partners and Blackstone offer to buy Smartsheet for $8.4B in cash | TechCrunch

Vista Equity Partners and Blackstone to acquire Smartsheet for $8.4 billion, highlighting a significant premium for shareholders.

Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.

Motel 6 is being sold to Oyo for $525 million, marking Oyo's significant expansion in the U.S. budget hotel market.

Blackstone is looking to supercharge employee productivity with AI-powered search

Generative AI is enhancing document search capabilities at finance firms like Blackstone, facilitating efficient data retrieval and summarization.
DocAI at Blackstone exemplifies how generative AI can streamline workflows in data-intensive environments.
#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.

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.

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.

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.
morereal-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
#Blackstone

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.

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

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.

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.

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

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.
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