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CommercialFeaturedFinanceIndustry News

Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio

In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend....

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CommercialFeaturedFinanceIndustrialIndustry NewsResidential

Blackstone and Starwood Face Investor Exodus as Real Estate Market Wavers

Blackstone, the world’s largest commercial landlord, is projecting a rebound in the real estate market, but investor confidence remains shaky. This uncertainty is...

San Jose, Legence, Blackstone, Long Beach, San Diego, Los Angeles, Irvine, Settle, P2S
AECNews Releases

Legence Acquires Leading Engineering Firm P2S in Latest West Coast Expansion

The acquisition will empower Legence to offer additional engineering, commissioning, and construction management services while unlocking new opportunities for built environment sustainability. SAN...

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CommercialFeaturedFinanceIndustry News

CNBC: Blackstone’s McCarthy Sees Bottoming in Commercial Real Estate Happening

Kathleen McCarthy, Blackstone Global co-head of real estate, joins ‘Closing Bell Overtime’ to discuss real estate investing in the current interest rate environment.

FinanceHospitalityIndustry News

Blackstone Sells 150-Room Hilton Garden Inn in Renton for $17.7MM

By Kate Snyder A hotel in Renton traded hands recently in a deal that shows investors continue to show interest in the region’s...

Brookfield Asset Management, Blackstone, TPG, Seattle, Portland, San Francisco, San Jose, Oakland, Los Angeles, Orange County, San Diego
CommercialFeaturedFinanceIndustry News

Brookfield Sees The U.S. Office Market As the Most Oversupplied in the World

The US office market is a warning story about what happens when there’s too much supply and insufficient demand, creating problems and opportunities...

CommercialFeaturedFinanceIndustry News

Blackstone’s Retail Real-Estate Fund Met Investor Withdrawal Requests in February

In a significant industry development, Blackstone’s sizeable retail real-estate fund, the Blackstone Real Estate Income Trust (Breit), has achieved a notable milestone by...

CommercialFinanceIndustry NewsNews Releases

Blackstone Completes Acquisition of Rover Group for $2.3B

SEATTLE- February 27, 2024 – Rover Group, Inc. (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced the...

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News Releases

Blackstone Triumphs in 2023 with Strong Performance Despite Global Market Volatility

Record Fund-Raising and Investment Activity Fuel Impressive Year-End Results Blackstone, the world’s leading alternative asset manager, has announced its earnings for the fourth...

Retail

Olympia Coffee Opening in U.S. Bank Center’s Cedar Hall in Seattle Mid-2024

Marks Beloved Coffee Roaster’s First-Ever Downtown Seattle Location SEATTLE–EQ Office, Blackstone’s U.S. office portfolio company, today announced Olympia Coffee will open its first...

Industry NewsPeople on the Move

Blackstone Announces New Co-Chief Investment Officers and Co-Head of Real Estate

Ken Caplan & Lionel Assant Promoted to Co-Chief Investment Officers of Blackstone Nadeem Meghji Promoted to Global Co-Head of Blackstone Real Estate NEW...

FinanceIndustry NewsResidential

Abacus Capital Group Buys 400-Unit Apartment Complex in Renton for $107MM

By Kate Snyder The Puget Sound region’s multifamily market continues to attract investors with a recent deal that topped $100 million. The Carriages...

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