Real estate boom drives record earnings for Blackstone

The investment management firm Blackstone delivered record-breaking returns in the fourth quarter thanks to incredible growth in the commercial and residential real estate industries. The company reported “the most remarkable results in our history on virtually every metric,” said Blackstone co-founder and Chief Executive Stephen Schwarzman as the company announced its fourth quarter earnings results.

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Tough Questions Arise Out of An Unprecedented Affordability Crisis

Blackstone Real Estate just acquired affordability innovators Home Partners of America for $6 billion. Here’s why this is big news.

Blackstone Closes Record $20.5B Real-Estate Fund

Blackstone Group Inc. has announced raising the largest-ever real estate fund of $20.5 billion to be invested in property assets around the world.

Blackstone Set to Close Record Private Equity Fund

In a move to boost purchasing power, the Blackstone Group is all set to close a $20 billion dollar private-equity real estate fund, the firm’s largest to date. The fund will essentially triple investor buying power, according to the news. Factoring the debt to equity ratio of three to one, the new Blackstone fund will

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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

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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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