Latest Breaking News On - Jonathan gray getty - Page 1 : comparemela.com
Stuy Town Ruling Could Affect Other Rent-Stabilized, J-51 Units
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Blackstone Reports Second-Best Quarter in History
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
Blackstone Quarterly Earnings Double, Led by Real Estate
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
The Top 10 Real Estate Fundraisers of the Last 5 Years
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.
During its Wednesday earnings call, officials at the publicly traded firm emphasized its holdings in logistics, suburban multifamily and life sciences sectors which have performed well despite, or because of, the pandemic.
In December, Blackstone acquired a life sciences portfolio from Brookfield Asset Management for $3.45 billion. It also picked up a 2.1 million-square-foot warehouse portfolio from Iron Mountain for $358 million, adding to its 800 million square feet of logistics holdings.
At 40 percent, the greatest share of holdings in Blackstone’s non-traded real estate income trust, BREIT, is concentrated in multifamily. Those holdings are primarily suburban, garden-style properties, according to a 2020 shareholder letter. The investment vehicle purchased a $550 million Florida mobile home portfolio in September 2020.