You will own nothing … Blackstone Making $10 Billion Multifamily Purchase, Going on the Real Estate Offensive

Apr 9th 2024 5:04am EDT

Blackstone has agreed to acquire an owner of upscale apartment buildings for about $10 billion, signaling that one of the world’s largest real-estate investors is ramping up investments again after a period of moving more cautiously. Blackstone is taking private Apartment Income REIT, known as AIR Communities, which owns 76 rental housing communities that are […]

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