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Blackstone REIT Beefs Up Portfolio With $784 Million Student Housing Deal

New Joint Venture Bets on Future Enrollment Growth
Students at Georgia Tech living at The Standard, a private student housing development that is among eight properties Blackstone Real Estate Income Trust now owns, can lounge by the pool with views of the Atlanta skyline. (Landmark Properties)<br>
Students at Georgia Tech living at The Standard, a private student housing development that is among eight properties Blackstone Real Estate Income Trust now owns, can lounge by the pool with views of the Atlanta skyline. (Landmark Properties)
CoStar News
August 20, 2021 | 8:03 P.M.

Blackstone Real Estate Income Trust is expanding its student housing portfolio by striking a $784 million deal to tap into a class of real estate that is projected to benefit from growing college admissions.

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