Blackstone has finalized its deal to expand its footprint at Rudin’s 345 Park Avenue to 1.06 million square feet. The deal extends Blackstone’s office lease in the property another five years until 2034. Read more: https://lnkd.in/eZ_6bq_m #RealEstate #CommercialRealEstate
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Here's what's crazy... 2006 and 2007 real estate prices were expensive AND there was a lot of sin when it came to financing. You could have lost a ton of money. In fact, that's what the headlines said about Blackstone's acquisition of Equity Office Properties (At a big premium)... But, had you held on to your properties long enough you still could've navigated turbulent 2008 and came out on top. Yes, office properties have recently become less valuable but that's because of a massive generational shift empowered by technology. Different story. Different Analysis.
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Big announcement. Blackstone announcing a big apartment take-private. My brief thoughts are that this is an example of a rare opportunity presented to a scale firm due to divergences between private market and public market valuations. Implied cap rates in publicly traded REITs have been wide of private markets. Given that we all think that a bottom is forming, then that spread should start narrowing soon. Link to The Wall Street Journal article in the comments. #multifamily #privateequity
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Reformed CRE Broker Helping the Capital City of Trees Make Sense of Complex Real Estate Problems /\/\/ Professional Herder of Cats \/\/\
Take Note 📝 Blackstone, arguably the best if not top-tier real estate investment firms is offloading an industrial portfolio of 48 southern California warehouses to Rexford Industrial for ~$1B. $1B is a lot of $'s 👀 for you and me, but not so much for Blackstone with a total portfolio of ~$1T and $330B (or ~1/3) of that is just real estate holdings. So only .3% of total RE AUM, but take your thinking 1 step further... WHY take note, because industrial is softening, and as real estate is cyclical, the asset class is moving from the darling it was giving way to retail and Blackstone is timing the top and taking advantage of the opportunity to maximize value and move on. Value isn't realized until you exit and that's what I help my clients get to at FTRE Advisors because it's hard, especially if you have held onto something and you aren't a PE firm in NYC looking at the spreadsheet of numbers to base your decision. https://lnkd.in/gbM8GUeY
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🔑 Big news in the world of real estate! Blackstone has just completed the acquisition of Toronto’s Tricon Residential 🏙️. Want to know what this means for the market and maybe even your investments? Dive into the details by clicking the link! ➡️ [Read more](https://nuel.ink/1zthKV) #RealEstateInvesting #TorontoHousing #BlackstoneAcquisition
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🔑 Big news in the world of real estate! Blackstone has just completed the acquisition of Toronto’s Tricon Residential 🏙️. Want to know what this means for the market and maybe even your investments? Dive into the details by clicking the link! ➡️ [Read more](https://nuel.ink/1zthKV) #RealEstateInvesting #TorontoHousing #BlackstoneAcquisition
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The January announcement that Blackstone has acquired Tricon Residential for $3.5 billion, which was topped with another announcement earlier this month about acquiring AIR communities for $10 billion, created an evident industry buzz. This hasn't only confirmed Blackstone's commitment to the US rental market but underscored the sector's potential as a robust investment avenue. Today, we've seen Blackstone further increase their stake by billions, a strong signal of the multi-family sector's appeal and stability. From Electra Real Estate's perspective, these developments align with our long-held belief in the value and resilience of Single-Family-Rentals and Multifamily investments. Amit Perry our head of Multifamily and Single-Family-Rentals division: "Watching these strategic acquisitions unfold only strengthens our belief in the residential rental market's growth. They affirm our strategy to seize these opportunities, highlighting the market's robustness and resilience. Blackstone's significant investment activities serve as a powerful indicator of the sector's future potential". Amir Yaniv Gil Rushinek Roy Maor Joe Lubeck #realestateinvestment #multifamilysector #strategicgrowth
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Without a doubt, the most resilient and performing segment- rental housing in the US.
The January announcement that Blackstone has acquired Tricon Residential for $3.5 billion, which was topped with another announcement earlier this month about acquiring AIR communities for $10 billion, created an evident industry buzz. This hasn't only confirmed Blackstone's commitment to the US rental market but underscored the sector's potential as a robust investment avenue. Today, we've seen Blackstone further increase their stake by billions, a strong signal of the multi-family sector's appeal and stability. From Electra Real Estate's perspective, these developments align with our long-held belief in the value and resilience of Single-Family-Rentals and Multifamily investments. Amit Perry our head of Multifamily and Single-Family-Rentals division: "Watching these strategic acquisitions unfold only strengthens our belief in the residential rental market's growth. They affirm our strategy to seize these opportunities, highlighting the market's robustness and resilience. Blackstone's significant investment activities serve as a powerful indicator of the sector's future potential". Amir Yaniv Gil Rushinek Roy Maor Joe Lubeck #realestateinvestment #multifamilysector #strategicgrowth
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At Riaz Capital, we see opportunity where it counts - amid crises, and in buildings that are diamonds in the rough. Our value-add acquisitions have strong fundamentals, but are either financially distressed or in need of focused upgrades that drive income and investor returns. A $6.5M renovation to 220 Grand Avenue expanded the unit count from 8 to 11, resulting in 33 rentable suites. We spruced up both units and common areas while making aesthetic improvements to the exterior. Additionally, we integrated tech enhancements like smart locks and a virtual doorman. Our transformation of 220 Grand is a prime example of our value-add process in action! Looking forward, our Distressed Value-Add Fund will continue to build on our value-add experience to generate cash flow and returns for our investors. Learn more at the link: https://lnkd.in/gQw_F92v #DistressedValueAddFund #RealEstateInvesting #BayAreaRealEstate #InvestInRealEstate #ValueAddFund
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https://lnkd.in/eGm7E4nU Blackstone’s recent acquisition of the Apartment Income REIT and its subsequent price jump are good reminders that there are opportunities in down markets. The key is thoughtful analysis of potential investments—and it doesn’t hurt to have a few decades of experience under your belt. Fortunately, due diligence and experience are two of our specialties at Rhyze!
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Blackstone Gulf: Where "Out of Office" is Out of the Question Always On, Always Closing #BSGNeverSleeps #RealEstateRelentless #DubaiDreamsDelivered #DubaiFutureCity #VisionaryLiving #InnovationSkyline #TomorrowsHomeToday #BlackstoneGulfFutureVistas #DubaiDreamsRealized #CuttingEdgeLuxury #SmartCityResidences
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