Search Results for: Blackstone
Blackstone Real Estate Acquires Simply Self Storage for $1.2 Billion
Blackstone Real Estate Income Trust, Inc. (“BREIT”) completed its previously announced acquisition of Simply Self Storage from a Brookfield Asset Management real estate fund for approximately $1.2 billion. Simply More...
Blackstone Buys $1 Billion Japanese Portfolio
Iron Mountain Storage Facility U.S. private equity firm Blackstone Group shelled out more than $1 billion on Japanese urban properties in cities like Tokyo and Osaka belonging to the Asian fund PAG where it believes More...
Blackstone Founder Stephen Schwarzman Defends Trump Voter Fraud Allegations
Real estate magnate Stephen Schwarzman shocked a group of fellow business leaders when he spoke out in defense of President Trump’s claims of voter fraud in an attempt to reverse his defeat in the election. The More...
Blackstone Makes $14.6 Billion Deal For BioMed Realty
Blackstone Real Estate Partners has agreed to sell BioMed Realty for $14.6 billion to a group led by existing BioMed investors. Blackstone has also paid $275 million (roughly $770 per square foot) for two buildings More...
Blackstone’s Billionaire Stephen Schwarzman and Trump adviser donates to Israel National Library
Stephen Schwarzman, chief executive of private equity firm Blackstone Group, and an economic consultant to President Donald Trump is making $10 million donations to Israel’s National Library. This More...
Blackstone, Apollo, Lone Star bid for $34 Billion Banco Santander real estate portfolio
The Spanish lender Banco Santander wants to sell a 51 percent stake in a staggering mortgage and property portfolio for $5.7 billion and identified the Blackstone Group, Apollo Global Management and Lone Star Funds More...
Blackstone Energy Partners and Sanchez Energy Announce Acquisition of Anadarko’s Eagle Ford Acreage
New York, January 12, 2017. Blackstone (NYSE:BX) (“Blackstone”) today announced that funds managed by Blackstone Energy Partners L.P. have entered into a strategic 50/50 partnership with Sanchez Energy Corporation More...
Blackstone to buy Music-Rights Company Sesac
Blackstone Group, which is lead by Stephen Schwarzman, has entered into an agreement to acquire the only U.S music rights organization SESAC Holdings from Rizvi Traverse Management. Although financial terms More...
Blackstone sells Hyatt Regency hotel and marina in Fort Lauderdale to Joe Lewis for $163 Million
The Blackstone Group has sold the Hyatt Regency hotel and marina to Tavistock Development Company, led by British businessman Joe Lewis, for $163.27 million. The deal was made by Blackstone group affiliate More...
Blackstone, KKR Said to Ready Bid Financing for Valeants iNova
Blackstone Group (lead by Stephen Schwarzman), KKR & Co. (Kohlberg Kravis Roberts) and Carlyle Group (David Rubenstein) are in talks with banks for financing to back their bids for Valeant Pharmaceutical More...