Los Angeles
Blackstone buys San Diego apartment complexes in $1B deal
Blackstone Group is planning to buy about 5,800 apartment units in San Diego for more than $1 billion. The...
Blackstone Group
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National
There’s “lots of runway in real estate”: Blackstone’s Jon Gray
Blackstone Group’s president and COO Jon Gray thinks higher inflation is on the way, and he thinks risky real...
National
Blackstone, Starwood strike $6B deal for Extended Stay America
A long-in-the-works deal for an extended-stay hotel chain is finally coming to fruition. Blackstone Group and Starwood Capital Group...
Blackstone expands Manhattan HQ
As office workers continue to shun Manhattan, a leading asset manager is expanding its presence there. Blackstone Group has signed a deal to expand its Midtown office at 345 Park Avenue by an additional...
National
How Blackstone’s Jon Gray undercut his UK counterpart
A decade ago, Blackstone’s Jon Gray was fresh off two multibillion-dollar real estate acquisitions, Equity Office Properties and Hilton,...
National
Life sciences boom continues with 36M sf in works
Demand for life sciences doesn’t seem to be letting up. As the need for wet lab space exceeds the...
National Issue
These startups want to guarantee your rent
As millions of Americans struggle to pay their rent on time, investors are betting on a crop of startups to help landlords get their money. New companies such as Flex, Till and NestEgg have...
National
Blackstone’s quarantine-themed holiday video stars sanitizer, sourdough starter and Santa
Icons of quarantine life — including sourdough starter, “Tiger King,” hand sanitizer and Zoom — all make cameos in the Blackstone Group’s annual holiday...
National
Blackstone to acquire life-sciences portfolio for $3.45B
Blackstone Group has agreed to pay Brookfield Asset Management $3.45 billion for a life-sciences real estate portfolio located mostly...
National
Logistics market is hot, but is a bubble forming?
Investors can’t get enough of warehouses and logistics spaces these days, but there are some signs that a bubble...