Blackstone Real Estate Income Trust Inc. has acquired a massive portfolio of industrial properties across the U.S. for $1.8 billion, some spanning the Baltimore-Washington area. PGIM Real Estate Finance and the New York State Teachers’ Retirement System provided $1.1 billion in financing — $550 million each — to support the buy, according to a release. PGIM Real Estate Finance is the commercial mortgage finance business of PGIM, the $1 trillion global investment management businesses of Prudential…
from https://www.bizjournals.com/baltimore/news/2018/03/20/blackstones-massive-industrial-buy-includes-nearly.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/172074623627
No comments:
Post a Comment