Blackstone Group, The

Motel 6 Is Sold to Oyo, an Indian Hotel Company Expanding in the U.S.

A roadside chain for more than 50 years, Motel 6 was owned by Blackstone, the private equity giant. Oyo will pay $525 million in an all-cash deal.

By John Koblin

Appraisals and Valuation (Property) Banking and Financial Institutions Blackstone Group, The Mergers, Acquisitions and Divestitures Private Equity Real Estate (Commercial) Real Estate Investment Trusts

When Property Investors Want Out, These Bargain Hunters Rush In

Investment firms are raising record sums for real estate secondary funds that cut private deals to buy assets from investors who can’t otherwise exit.

By Stacy Cowley

Banking and Financial Institutions Blackstone Group, The KKR & Co LP Mergers, Acquisitions and Divestitures Private Equity Real Estate (Commercial) Renting and Leasing (Real Estate) Starwood Capital Group Stocks and Bonds

Private REITS Were a Hot Investment Trend, but They’ve Lost Some Appeal

Drawn by the opportunity to invest with private equity firms, small investors rushed into real estate investment trusts. But the funds have lost some appeal as interest rates have climbed.

By Maureen Farrell

Appointments and Executive Changes Blackstone Group, The Hipgnosis Songs Fund Mercuriadis, Merck Mergers, Acquisitions and Divestitures Music

Music Catalog Giant Hipgnosis Is Sold, and Merck Mercuriadis Exits

The company, whose pricey acquisitions kicked off a rush on catalog sales, sold its assets to Blackstone for $1.6 billion, and its outspoken leader will step down.

By Ben Sisario

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