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Blackstone, KKR Property Purchases Set To Kick Off 2021 CMBS Deals

Pandemic Caused Drop in Bond Offerings, But Market Is Ready To Rebound, Morgan Stanley Says

A subsidiary of Blackstone Real Estate Income Trust acquired the 709-unit Notting Hill Apartments in Dunwoody, Georgia, in November for $179 million. (CoStar)
A subsidiary of Blackstone Real Estate Income Trust acquired the 709-unit Notting Hill Apartments in Dunwoody, Georgia, in November for $179 million. (CoStar)

The commercial mortgage-backed securities market is kicking off the year with a bullish sign that bond issuers are ready to feed investors’ appetite for debt stemming from institutional purchases of multifamily and industrial properties.

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