Blackstone related stories
All articles and analysis
MSREI’s parental approvalThe private equity real estate division celebrated this week’s approval from investors to extend the investment period of its latest opportunity fund. But the nod from the parent Morgan Stanley bank was highly important too.
- Blackstone reshuffles RE team
The New York-based private equity giant has designated Jonathan Gray as its sole global head of real estate as Chad Pike dedicates more time to Blackstone's entire European platform.
- Starwood holds $1.2bn first close for Fund IX
The Greenwich, Connecticut-based firm, led by Barry Sternlicht, is targeting between $2 billion and $3 billion for Starwood Distressed Opportunity Fund IX and is offering management fee breaks for the first time in its history.
- Blackstone exits Evergrande JV
The New York-based private equity and real estate firm has sold a 40 percent stake in a luxury residential development on behalf of a large Asia fund inherited through its takeover of Bank of America Merrill Lynch’s Asia private equity real estate platform.
- Blackstone JV to buy $1.4bn US retail portfolio
The New York-based private equity and real estate giant has teamed up with US retail property company DDR Corporation for the purchase of a shopping centre portfolio spread across 20 states. The investment marks an early deal for its latest global opportunity fund, BREP VII.
- Early bird specials
While private equity real estate firms always offered fee breaks to large investors willing to commit to first closes, it is becoming increasingly clear that competition in giving such incentives is heating up.
- Realities of a horrendous market
John Cahill, partner at Paul Hastings, talks to PERE about the recent spate of fund managers competing aggressively to offer investors participating in a first closing fee breaks.
- A time for reflection...and voting
As the year draws to a close and we reflect on the industry’s many highlights, it is the perfect time to cast your vote for the firms and individuals that stood out from the crowd.
- GI strikes deals on behalf of CalPERS, CalSTRS accounts
The Menlo Park, California-based private equity firm has made its second investment on behalf of a technology property-focused separate account with CalPERS and its first investment on behalf of a similar partnership with CalSTRS.
- India’s shallow pool
A second wave of private equity real estate capital seems destined for developed, leased-out commercial property in India. But there might not be enough of the stuff to go around.