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Jonathan Pollack to Become President at Starwood Capital Group

Jonathan Pollack to Become President at Starwood Capital Group

by Phil Hall | Feb 27, 2024 | Commercial Real Estate News, Industry Updates, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

Starwood Capital Group, a global private investment firm with a primary focus on real estate, announced that Jonathan Pollack will join the firm as president in 2025. Pollack joins the Miami-based Starwood Capital from Blackstone, where he served as global head of the...
Former Blackstone Executive Launching $1 Billion Real Estate Fund

Former Blackstone Executive Launching $1 Billion Real Estate Fund

by Phil Hall | Feb 2, 2024 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A former executive with Blackstone (NYSE:BX) is on track to raise $1 billion for a real estate-focused fund. The Wall Street Journal, sourcing its coverage from unnamed “people familiar with the matter,” reported Tyler Henritze, Blackstone’s former head of real estate...
Merredith Treaster Named SVP Northern California at EQ Office

Merredith Treaster Named SVP Northern California at EQ Office

by Phil Hall | Aug 25, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

EQ Office, the U.S. office portfolio company of Blackstone (NYSE:BX), has hired Merredith Treaster as its senior vice president for Northern California. Treaster will be based in San Francisco and will be responsible for the company’s Northern California portfolio...
Public Storage Pays $2.2 Billion to Acquire Simply Self Storage from Blackstone

Public Storage Pays $2.2 Billion to Acquire Simply Self Storage from Blackstone

by Phil Hall | Jul 24, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Glendale, California-based Public Storage (NYSE:PSA) is acquiring rival Simply Self Storage for $2.2 billion from Blackstone Real Estate Income Trust Inc. (BREIT), a subsidiary of Blackstone (NYSE:BX). The Simply portfolio includes 127 wholly-owned properties and 9...
Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

Prologis Pays $3.1B for Blackstone’s Industrial Real Estate Portfolio

by Phil Hall | Jun 26, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Prologis Inc. (NYSE: PLD) is paying $3.1 billion to acquire nearly 14 million square feet of industrial properties from real estate funds affiliated with Blackstone (NYSE:BX). The price on the all-cash transaction represents an approximately 4% cap rate in the first...
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