Blackstone
Hines, National Pension Service of Korea Pay Off $500MM Loan Connected to PG&E’s Former San Francisco Headquarters
By The Registry Staff Hines and the National Pension Service of Korea have successfully paid off a $500 million loan secured against PG&E’s...
Blackstone Faces Challenges in San Francisco as 211 Main Street’s Valuation Falls to $152MM
Blackstone Inc. (NYSE: BX) continues to face headwinds with its San Francisco office portfolio. The valuation of its 211 Main Street property, formerly...
Blackstone’s Jon Gray Shares Insights on the 2024 Real Estate Market Recovery
As the real estate landscape continues to evolve in response to shifting economic conditions, Jon Gray, President and COO of Blackstone, offers valuable...
Blackstone Nears $3.4B Acquisition of Retail Opportunity Investments Corp. Amid Booming Demand for Retail Space
In a move that could reshape the U.S. retail real estate market, Blackstone Inc. (NYSE: BX) is reportedly in advanced discussions to acquire...
Google’s $607MM Q3 Real Estate Charge Reflects New Workplace Dynamics
In the third quarter of 2024, Google reported substantial real estate-related expenses, underscoring both its current obligations and long-term lease commitments as it...
Prologis Buys Four-Building Office, R&D Campus in Fremont for $71.3MM
By The Registry Staff Four research and development/office buildings in Fremont have a new owner. Siemens Industry Software sold the campus to Prologis...
Blackstone Secures Four-Year Extension on $195MM Mortgage Loan for 417,000 SQFT Office Building in San Francisco
By The Registry Staff One of downtown San Francisco’s office properties has avoided further financial strife with the closing of a loan extension....
KKR Affiliate Buys 210,000 SQFT Industrial Building in Fremont for $79.5MM
By The Registry Staff One of Fremont’s industrial properties has traded hands recently. According to a report from The Mercury News, an entity...
Blackstone Mortgage Trust Slashes Dividend by 24% as Office Loans Pressure Portfolio
In a sign of stress in the commercial real estate sector, Blackstone Mortgage Trust (BXMT) has announced a significant reduction in its dividend....
$72.5MM Loan Tied to The Four Seasons San Francisco Marketed for Sale
By The Registry Staff A loan connected to a San Francisco hotel property that fell into default earlier this year is now on...
Blackstone and Starwood Face Investor Exodus as Real Estate Market Wavers
Blackstone, the world’s largest commercial landlord, is projecting a rebound in the real estate market, but investor confidence remains shaky. This uncertainty is...
Blackstone Sells Multi-Building Office, Industrial Portfolio in Bay Area for $355MM
By The Registry Staff A portfolio of Bay Area properties consisting of office and industrial assets has traded hands in a recent deal...
