Home Finance Blackstone to Acquire Apartment Income REIT Corp. Portfolio, Including Los Angeles Properties
FinanceIndustry NewsLos AngelesNews ReleasesResidential

Blackstone to Acquire Apartment Income REIT Corp. Portfolio, Including Los Angeles Properties

Share
Blackstone, Los Angeles, Apartment Income REIT Corp., BofA Securities, Barclays, Goldman Sachs & Co. LLC, Wells Fargo
Courtesy of Blackstone
Share

NEW YORK & DENVER –– Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) (“AIR Communities” or the “Company”) today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X (“Blackstone”) will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction […]

Thank you for your interest in The Registry. If you'd like to read further, you must Subscribe or Log In below to read the rest of this content.

Share

Featured Content


Recent Posts

Related Articles

Netflix Routes $400MM Radford Studio Center Deal Through Nov. 24 Foreclosure Auction, Setting Up Overhaul of Its LA Footprint

After a planned third-quarter closing slipped, Netflix's long-negotiated purchase of the 55-acre...

Inland Empire Rental-Home Wave Tests Whether Build-to-Rent Outlives Its Pandemic Boom

John Burns Research and Consulting argues build-to-rent has matured into a lasting...

Japanese Capital Favors Downside Protection in U.S. Multifamily as Los Angeles Cap Rates Climb

About 60 percent of Japanese real estate investment in the U.S. has...