One of the largest global real estate investors is adding fuel to the nation's flight-to-the-suburbs trend with a record-breaking multifamily portfolio acquisition that underscores ongoing demand among renters and buyers for space on the outskirts of top-tier markets.
Blackstone Pays Nearly $150 Million To Chase After Multifamily Growth in Far East Bay Area City
Investment Behemoth Swings Through Stockton, California, To Acquire Two-Property Apartment Portfolio
By Katie Burke
CoStar News
September 19, 2022 | 10:05 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The Palms At Morada
4030 Morada Ln, Stockton, CA
- Morada Crossings
4142 Morada Ln, Stockton, CA
- Companies
- Blackstone Inc.
Finance and Insurance
- American Capital Group
Real Estate