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...
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...
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...
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 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...