Blackstone is assembling more than 200 warehouses into a new Nordic logistics platform, creating a large-scale vehicle focused primarily on last-mile properties serving the e-commerce economy. The Stockholm-based platform, called Norla, will operate across Sweden,...
Blackstone (NYSE: BX) announced that its Blackstone Real Estate Debt Strategies (BREDS) subsidiary launched a lending platform for homebuilders that is designed to enable the construction of over 50,000 for-sale homes annually. The new lending platform is supported by...
Sen. Elizabeth Warren (D-MA) is calling out 14 corporations with ownership stakes in the single-family, multifamily, and manufactured housing sectors, accusing them of predatory rental housing practices. The senator sent each company a letter demanding data on their...
The US Department of Justice (DOJ) has filed a proposed consent decree to settle claims against LivCor LLC, a Blackstone (NYSE: BX) portfolio company, as part of its ongoing enforcement action against alleged algorithmic coordination and other anticompetitive...
The investment management firm Blackstone (NYSE: BX) is offloading its portfolio of 90 senior housing properties, incurring a $600 million loss on an investment of $1.8 billion. The Wall Street Journal reports Blackstone has been selling off the properties in a series...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
