Commercial property buying behemoth Blackstone Real Estate Income Trust has scored its first major portfolio deal of the year, agreeing to buy fellow nontraded real estate investment trust Resource REIT for $3.7 billion in a move that could signal where property demand may be headed in 2022.
Blackstone REIT Unleashes $3.7 Billion Deal To Buy Resource REIT, Grab Sun Belt Apartments
New York Giant Targets Properties in Fast-Growing Markets
CoStar News
January 24, 2022 | 5:18 P.M.
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IN THIS ARTICLE
- Companies
- Blackstone Real Estate Income Trust, Inc.
Real Estate