Blackstone related stories
All articles and analysis
Graphite makes 2.7x return in 20 months from retirement homesUK mid-market buyout firm Graphite Capital’s sale of nursing home Avery Healthcare to Southern Cross Healthcare Group achieved a 2.7 times return on its initial investment in 20 months. Graphite will also keep five care homes to begin another company with Avery’s management.
- Blackstone, Fortress stocks hit new lows
Bleak economic data has sent US stock markets tumbling – taking Blackstone and Fortress along with – one day before markets close for the Thanksgiving holiday.
- Report: Avista writes down 75% of newspaper investment
The newspaper industry’s struggle to maintain advertising and circulation has hit the Star Tribune, purchased last year for $530m by the DLJ spin-out.
- Colony strikes black gold
The private equity real estate firm is acquiring a majority interest in 3,000 European petrol stations and a number of oil refineries by purchasing a 65 percent interest in Libyan oil group Tamoil.
- Public enemy
Public enemy 2007-07-01 Staff Writer Last month, in case you missed the news, The Blackstone Group went public on the New York Stock Exchange in the most anticipated IPO since…well, since Fortress went public a few months earlier. While the Fortress offering generated its fair share of headlines, Blackstone'
- Senior partners
Prudential Real Estate Investors has teamed up with Sunrise to invest $1bn in UK senior living communities.
- A better platform
Two former UBS pros have launched JT Partners, a placement agent with minority backing from Apollo Real Estate and Raimus Capital.
- From Z to Z
Besides a name, what connects property mogul Sam Zell and former US Senator Zell Miller? How about a fierce streak of individualism, Pat Buchanan and the co-founders of one of the biggest private equity firms in the world?
- Frothy deal in Japan
Morgan Stanley is helping Sapporo turn from beer to real estate.
- Hurdles and rumors of hurdles
As Asian countries seek to cool their heating property markets, rumors are circulating that India may pull back the reins on deregulation, forcing foreign capital to get new approval for property acquisitions. By Dave Keating