Squatters Welcome Blackstone's Spanish Property Play

Blackstone has purchased 40,000 mortgages in the Barcelona area, but the company may find making money out of depressed Spanish real estate is a tough challenge.

Topics:  barcelona   spanish   
BING NEWS:
  • Blackstone Buys Related’s W Fort Lauderdale Hotel for $98M
    The New York-based developer sold the W Fort Lauderdale hotel for $97.6 million to the private equity giant, property records show. The 19-story property houses 346 rooms at 401 North Fort Lauderdale ...
    05/1/2024 - 5:16 am | View Link
  • Blackstone’s Legence Acquires ESG Consulting Firm
    An entity run by the world’s biggest commercial real estate company has acquired a firm focused on environmental, social and corporate governance (ESG) strategies. “Joining Legence’s family of more ...
    05/1/2024 - 3:20 am | View Link
  • Blackstone’s property fund begins climb from bottom
    BREIT fulfilled all of its redemption requests again in March, but its fundraising is lagging compared to early 2022.
    04/23/2024 - 5:03 am | View Link
  • Blackstone’s Beleaguered Real-Estate Fund Stems Exodus
    The firm was able to fulfill all investor redemption requests in February and March for the first time since late 2022.
    04/22/2024 - 10:30 pm | View Link
  • Debt On Blackstone’s Forsaken Broadway Office Tower Sells For $200M
    Blackstone acquired the building a decade ago from Vornado Realty Trust but lost two key tenants in 2019 and 2020. The firm's debt on 1740 Broadway was around $308M. But by January this year, the ...
    04/22/2024 - 12:14 pm | View Link
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