It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 percent stake in One Manhattan West from Brookfield and the Qatar Investment Authority, a deal valuing the 67-story tower at $2.85 billion.
Blackstone Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a prolonged slump fueled by the pandemic.Most Read from BloombergManhattan’s M
The chief operating officer of the investment giant said high-quality assets in strong markets were being priced at attractive discounts.
Blackstone Inc. took in US$630 million from a fundraising effort that targeted wealthy Canadian investors, according to a person familiar with the matter, bringing assets in its first private equity fund for individuals to about $8.
Blackstone (NYSE:BX) is reportedly negotiating to acquire a substantial stake in a 50-story office building in New York, according to a Bloomberg report on Thursday. The current owners of the building are institutional investors who receive advice from J.
Financial writer discusses Blackstone's interest in rebounding office market, potential property investments, and strong earnings results.
NEW YORK (Reuters) - Blackstone is in talks to buy a sizeable stake in a New York 50-story office building from institutional investors of JPMorgan Asset Management, two sources familiar with the matter said on Thursday.
Blackstone (NYSE:BX) is close to an agreement to acquire 1345 Avenue of the Americas, a 50-story midtown Manhattan office tower with 1.9M square feet of space, according to a media report on Thursday.
Inc., the world's largest real estate investor, is close to reaching an agreement to acquire a Midtown Manhattan tower, marking its return to New York office dealmaking. According to a Bloomberg report on Thursday,
Blackstone Inc. is forecasting an increase in mergers and acquisitions that can help boost sales of bonds backed by leveraged loans. Most Read from BloombergTexas HOA Charged With Discrimination for Banning Section 8 RentersWhat Happened to Hanging Out on the Street?
Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 million worth of warehouses from Blackstone Inc.
Goldman Sachs (GS) joined a growing list of buyers picking up warehouse properties across the U.S. The bank’s alternative investment arm has purchased a portfolio of 21 industrial buildings spread across Nevada, Texas, Ohio and Pennsylvania from Blackstone (BX) for $293 million, according to Bloomberg, which first reported the news.