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How a New York private equity giant became Boston's biggest commercial landlord — and biotech investor

How a New York private equity giant became Boston’s biggest commercial landlord and biotech investor
Jon Chesto
© David L. Ryan/Globe Staff
Blackstone recently put local executive Nick Galakatos, who runs Blackstone Life Sciences out of Cambridge, on BioMed’s board of directors.
The biggest private-equity firm in the world has been pouring money into Boston by the billions, buying up prime real estate and investing in promising biotechs.
Blackstone Group said it now owns more than $12 billion worth of real estate in the area, making it the largest commercial landlord in the region by its own estimate. The New York-based firm also has chosen Cambridge as home for its $4.6 billion life sciences investment fund, the biggest of its kind. ....

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Our Year of COVID: Businesses adapted to survive. Some changes are here to stay

Our Year of COVID: Businesses adapted to survive. Some changes are here to stay
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New wheelchair accessible swing available at Allcorn Park

New wheelchair accessible swing available at Allcorn Park
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Salk Institute uses $1 million gift to support world class cancer researcher

Salk Institute uses $1 million gift to support world class cancer researcher
The Salk Institute received a matching $1 million gift from the BioMed Realty Management Team, which was used to fund the recruitment of award-winning cancer researcher Christina Towers and to support her research and that of the Salk Cancer Center.
The challenge match where BioMed Realty matches, dollar for dollar, up to $1 million will also support Salk s bold Conquering Cancer Initiative, which is harnessing cutting-edge approaches to fight some of the deadliest cancers, including pancreatic, ovarian, lung, colon, brain (glioblastoma) and triple-negative breast cancer.
Spearheading the gift was BioMed Realty s president and CEO, Tim Schoen, who is a Salk Trustee and chairman of the Institute s Conquering Cancer Initiative Advisory Committee. ....

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Salk receives $1 million from BioMed Realty to support innovative cancer research and faculty

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LA JOLLA (February 25, 2021) The Salk Institute received a matching $1 million gift from the BioMed Realty Management Team, which was used to fund the recruitment of award-winning cancer researcher Christina Towers and to support her research and that of the Salk Cancer Center. The challenge match where BioMed Realty matches, dollar for dollar, up to $1 million will also support Salk s bold Conquering Cancer Initiative, which is harnessing cutting-edge approaches to fight some of the deadliest cancers, including pancreatic, ovarian, lung, colon, brain (glioblastoma) and triple-negative breast cancer.
Spearheading the gift was BioMed Realty s president and CEO, Tim Schoen, who is a Salk Trustee and chairman of the Institute s Conquering Cancer Initiative Advisory Committee. ....

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