Blackstone expands industrial reach with $151M Chicago buy
Blackstone is furthering its industrial investments with its latest Chicago-area buy. Blackstone Real Estate Income Trust picked up a...
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Blackstone, LBA Logistics get $944M financing for logistics portfolios
An affiliate of asset-manager Blackstone Group and LBA Logistics nabbed $944 million in financing for two industrial portfolios, Commercial...
National
Blackstone to buy Interior Logic for $1.6B
Blackstone is targeting another recession-resistant business. The private equity behemoth plans to buy the design technology company Interior Logic Group for about $1.6 billion including debt, according to Bloomberg. Blackstone acquired the company from...
National
Blackstone revenue jumps in Q4
Blackstone saw revenue jump in the fourth quarter, which the company attributed to some pandemic-resilient investments. The company reported $3.6 billion in revenue in the final quarter of 2020, up from $2.1 billion during...
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Industrial now 36% of Blackstone’s RE portfolio
In the past five years, Blackstone has pivoted its portfolio away from retail and hotels and instead turned toward...
National Weekend Edition
Blackstone to pay $1B for Japan residential and commercial portfolio
Blackstone is picking up a portfolio of commercial and residential properties in Japan for the equivalent of $1.06 billion....
National
Nationstar Mortgage ordered to repay $73M to customers
Nationstar Mortgage has been ordered to pay $73 million to roughly 40,000 homeowners in a settlement with the Consumer...
National
Blackstone acquires $358M warehouse portfolio
Blackstone is doubling down on logistics with its acquisition of a $358 million warehouse portfolio. The asset manager bought...
National
Real estate execs, business leaders urge Trump to begin transition
More than 100 business leaders have signed a letter demanding that President Donald Trump’s administration cease its challenges to...
National
Blackstone earnings are up despite commercial real estate woes
Blackstone’s bet on logistics facilities and life sciences continues to pay off despite the broader headwinds facing commercial real...
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