Hints and tips:
...The $60bn Blackstone Real Estate Income Trust generated $2.7bn in cash flows in 2023, mostly in rents from a portfolio spanning thousands of warehouses, apartment buildings and data centres across the US...
...Blackstone bought billions of dollars worth of apartment buildings, suburban houses and other residential assets during the pandemic....
...What Sitting on a 2,100 sq m plot, this mountainside semi-detached villa is cosy and traditionally furnished, with 255 sq m of interior space....
...Gray said that while US apartment construction had soared in recent years, an ongoing “housing shortage” in America would keep pushing rents higher in a boon for landlords like Blackstone....
...investment in parts of the real estate market with “the strongest cash flow growth and favourable supply demand fundamentals”, including logistics warehouses, data centres, and the “living” sector that includes apartments...
...Blackstone has suffered a legal setback in a dispute with housing non-profits that are trying to seize some of the apartment buildings it bought for $5.1bn from AIG last year....
...Blackstone executives told the group that a big crop of new apartments coming into the market will only crimp profits for a short time....
...Those apartments would be kept affordable for at least 20 years....
...The latter in particular looks most spectacular from the track to the east of the canal, and highlights the cascading mountainside effect BIG was trying to achieve (the other sides with their mountain murals...
...“All the public apartment Reits, their perception is that property values are down 10-20 per cent year to date, with a wave of supply still coming” in the first part of next year....
...Blackstone chief executive Stephen Schwarzman on Wednesday disputed the idea that the restrictions reflected problems at the fund, which has $125bn of assets mostly invested in warehouses and apartments...
...underscores the risks wealthy individuals have taken by investing in Blackstone’s mammoth private real estate fund, which — after accounting for debt — owns $69bn in net assets, spanning logistics facilities, apartment...
...Its $126bn of property-related assets range from a luxury rental apartment complex in Jacksonville, Florida and the JW Marriott in San Antonio, Texas, to data centres in Virginia, student housing in Georgia...
...It’s a pool of money, mostly from wealthy individuals, which is used to buy property assets including warehouses, apartments, student housing and data centres....
...But as we flew back to our rented two-room apartment in suburban Japan, we realised that living it up and acting with conscience need not be incompatible....
...The day he was allowed to leave, they arranged a time to meet at the rental apartment that Hyeok, like all North Korean defectors, had been assigned....
...The fine print Andreessen Horowitz’s $350mn investment in Adam Neumann’s new rental-apartment start-up came with an unusual catch, The Wall Street Journal revealed: he handed the venture capital group a...
...Haze Fan, who worked at Bloomberg News’ Beijing bureau, was taken from her apartment by plainclothes officers in December 2020....
...In Reno there are low-cost, easy-assemble apartments made from prefabricated steel painted to look like wood, as well as grand brick houses and a decidedly neoclassical church....
...This time it’s focusing on institution assets geared towards tenants on low incomes — among them a portfolio of 678 rent-controlled apartment buildings acquired from insurance company AIG last year....
...acquire one of the biggest portfolios of student housing in the US, extending a streak of real estate transactions that has already made the private equity company one of the biggest owners of inner-city apartment...
...The eagle dropped the calf, which scrambled up the mountainside followed by its mother, as the eagle swooped fruitlessly above....
...Among the crowded aisles, even visitors who can only pick up a souvenir that fits into a carry-on can root around like truffle pigs to find unexpected treasures like brass candlesticks or a Kate Bush LP....
...Just days after striking that deal last summer, Blackstone made a play for affordable housing, convincing insurance company AIG to sell a $5.1bn portfolio of apartments that have received government subsidies...
...Those vehicles that put money into everything from apartment buildings to oat milk come with oddball names such as “core plus” and “tactical opportunities”....
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