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Blackstone To Buy Colony Capital Industrial Real Estate Assets In A $5.9B Deal
Posted on: Sept. 30, 2019, 12:31 p.m.
Blackstone Group Inc. affiliate Blackstone Real Estate Partners IX confirmed Monday a deal to buy Colony Industrial, the industrial real estate assets and industrial operating platform of Colony Capital, for $5.9 billion, including debt. Colony Industrial's portfolio represents about 60 million square feet of assets across 465 industrial buildings in 26 U.S. markets. The deal includes Colony's 51% interest in a 4 million square foot portfolio of bulk distribution assets. The deal announcement confirms a report in The Wall Street … Full investment news article
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Single Family Home Rental Leader Invitation Homes Sees Continued Growth | Nareit
Posted on: Sept. 30, 2019, 12:31 p.m.
Looking back on his career roots, Dallas Tanner describes himself at 25 as a “get-your-hands-dirty kind of entrepreneur who loved residential real estate.” It was Tanner’s tycoon spirit that spurred him and his fellow young partners to form Treehouse Group Companies and dig into the workforce housing market in Phoenix. Full investment news article
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