Blackstone Raises $7B For Asian CRE

Blackstone has also agreed to buy Australia's Investa Office Fund for $2.3 billion.

By Erika Morphy | June 13, 2018 at 02:04 PM

Blackstone Group Blackstone Real Estate Partners Asia II Ken Caplan Blackstone Capital Partners Asia Investa Office Fund

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Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.

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Maracay Continues Land Assemblage for 572-Home Community

By John Jordan | October 01, 2018

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

Maracay Continues Land Assemblage for 572-Home Community

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

By John Jordan | October 01, 2018

The Austin, TX-based hotel REIT also reports that it has closed on the sale of the 148-room Hyatt Place Fort Myers/at the Forum in Fort Myers, FL for $16.5 million or approximately $111,000 per key.

Summit Hotel Properties Acquires Boston-Area Hotel, Sells FL Property

Historically Low Industrial Availability Amps Up Urgency

By Lisa Brown | October 01, 2018

The ProAmpac campus recently purchased by an EverWest partnership totals three buildings in the Kent Valley submarket, one of Washington's most in-demand warehouse and manufacturing locations.