Apartment Income REIT Corp. Archives | Weekly Real Estate News

Blackstone Acquires AIR Communities for $10 Billion

by Phil Hall | Apr 8, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Blackstone (NYSE: BX) and Apartment Income REIT Corp. (AIR Communities) (NYSE: AIRC), announced that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately...

Blackstone Acquires AIR Communities for $10 Billion

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