Blackstone Group, The – Page 2

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

Banking and Financial Institutions Blackstone Group, The Buildings (Structures) Coronavirus (2019-nCoV) Coronavirus Return to Office Credit and Debt Credit Ratings and Credit Rating Agencies Federal Reserve System Foreclosures Interest Rates Mortgage-Backed Securities Mortgages New York City Prices (Fares, Fees and Rates) Property Taxes Real Estate (Commercial) Stocks and Bonds United States United States Economy Urban Areas

Office Buildings’ Losses Are Growing, With More Pain to Come

The distress in commercial real estate is growing as some office buildings sell for much lower prices than just a few years ago.

By Joe Rennison and Julie Creswell