Blackstone eyes return to hotel business as real estate fuels strong Q2
Blackstone backed out of hotels in the nick of time. “It wasn’t because we anticipated the pandemic,” said president...
Blackstone Group
The Latest
Commercial landlords shake up offices to lure tenants back
Looking to lure back tenants who shifted to remote work during the pandemic, large commercial landlords are adding creative...
Blackstone picks up LIC warehouses for $37.5M
The Blackstone Group picked up a trio of warehouses in Long Island City for $37.5 million. The investment giant...
Blackstone lands $285M CMBS refi for Flushing’s Skyview mall
Blackstone Group has secured a big new loan for its 510,000-square-foot Flushing retail complex, as the sector looks to...
National
Blackstone, Starwood up bid for Extended Stay America
Blackstone Group and Starwood Capital Group are once again trying to woo Extended Stay America’s shareholders. The two firms...
National
Blackstone mortgage REIT names new CEO
Commercial real estate lender Blackstone Mortgage Trust has a new CEO. Katie Keenan, who has served as the REIT’s president since last year, will succeed current CEO Steve Plavin, who will be overseeing Blackstone...
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...
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...