The Blackstone Group

Blackstone Gets $120M Loan for North Carolina Industrial Buy

PGIM Real Estate arranged the variable-rate loan for the 3 million-square-foot portfolio in Greensboro and Durham.

Blackstone Invests $1.1B in China Logistics Park

The company bought a 70 percent stake in a Guangzhou industrial property comprising 13 million square feet.

Blackstone, COPT Form $293M Data Center JV

The companies’ second such deal in the last 18 months involves eight shell properties totaling 1.3 million square feet.

Hamid Moghadam

Blackstone, Prologis Complete $618M UK Logistics Deal

The private equity giant acquired 4.3 million square feet of industrial buildings, along with land for development, from the world’s largest industrial REIT.

Blackstone to Pay $1.2B for Simply Self Storage

The company last traded in 2016, when Brookfield Asset Management acquired it for $830 million.

Blackstone Recaps $14.6B Life Science Business

BioMed Realty owns 11.3 million square feet of space across major U.S. and global markets.

Trilith

Trilith Development Launches 935-Acre Studio-Centric Concept

The company has merged its Trilith Studios with the Pinewood Forest urbanist town development to create a new live-work setting catering to Atlanta’s film and creative industries.

A shortage of affordable housing in the U.S. has buoyed demand for manufactured housing communities, which comprise about 9 percent of new single-family construction starts, according to data from the National Low-Income Housing Coalition. Image courtesy of myMHcommunity.com

Mobile Homes Move Into Investors’ Sights

Total investment in the manufactured housing sector surged 23 percent in the second quarter.

Amazon Buys Northern Virginia Hotel for HQ2 Phase Two

An Amazon subsidiary purchased a Pentagon City, Va., hotel from Blackstone Group for $148.5 million, clearing the way for the e-commerce giant’s second U.S. headquarters.

Image via Pixabay

Blackstone Closes Record $8B Credit Fund

Blackstone Real Estate Debt Strategies IV, which will lend flexible capital around the world, launched in 2019, three years after the predecessor fund closed with $4.8 billion in commitments.