Blackstone Student Housing Financing Goes to Market, Cineworld Seeks Single CMBS Lease Cancellation, Apartment Investment Conditions Weaken

Blackstone Student Housing Financing Goes to Market: The issuance of commercial mortgage-backed securities has picked up following a summer slowdown leading up to Labor Day. JPMorgan Chase is behind one of the largest deals so far in September. BX Trust 2022-GPA, going to market now, is a $1.53 billion offering tied to Blackstone Real Estate Income Trust’s completion of its $12.8 billion acquisition of American Campus Communities, the largest U.S. student housing owner.