Blackstone Group is now the “largest owner of real estate in the world”



Global investment and advisory firm The Blackstone Group L.P., has grown by almost four times its original size at the time of its IPO in 2007.

China Real Estate: Upward Moving Again



China home prices having risen for seven consecutive months on what the financial experts there term “recovery” for a sagging market. According to the National Bureau of Statistics last month, prices were up in 53 of 70 major cities across China in November.

Big Investment Companies Buying Up Atlanta Foreclosures One At A Time



FHFA announced earlier this month that the planned bulk sale of Fannie Mae REO’s in Atlanta, Georgia has not produced a winning bidder. But this does not mean that Atlanta’s huge stock of foreclosures are not selling.

Blackstone Group Proves Able to Find Profit Under a Rock



In real estate investment news from New York, giant equity firm Blackstone Group realized banner earnings in the second quarter of this year, based on what the company called “increased valuation fees” and other factors. Blackstone President, Tony James, suggested that overall real estate ventures are becoming expensive.

Technology Growth Helps Lift Office Occupancies



In March, Amazon leased the majority of a 36-storey building in a downtown Seattle which was constructed during the recession. This has fuelled hopes that technology growth will help raise office occupancies and rents. In the three months prior to June, the US office market gained 3.7 million square feet of net occupied space, making […]

Square Mile, Blackstone Purchase Hotel Mortgages From FDIC



A multi-million dollar deal was announced today as the Blackstone Group LP (BX) and Square Mile Capital Management LLCC real estate investment firm completed the purchase of hotel mortgages from the U.S. Federal Deposit Insurance Corp. for $385 million.

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