Login

Blackstone Completes Deal for REIT in Major Expansion of Apartment Portfolio

Seller Bluerock Spins Off Single-Family Rental Properties Into Separate Public Company
Arium Westside in Atlanta is among the 30 properties Blackstone now owns after closing deal to buy Bluerock. (CoStar)
Arium Westside in Atlanta is among the 30 properties Blackstone now owns after closing deal to buy Bluerock. (CoStar)
CoStar News
October 10, 2022 | 9:47 P.M.

Blackstone completed its $3.6 billion acquisition of a residential real estate investment trust to expand its apartment ownership across the Sun Belt, marking the investment's second multibillion deal this year.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE


News | Blackstone Completes Deal for REIT in Major Expansion of Apartment Portfolio