Asset Manager News & Perspectives

August 31, 2023

Blackstone Sells Control of 11-Property Apartment Portfolio

Deal Reflects Investment Giant's Strategy To Own Newer, Mainly Sun Belt Properties

August 30, 2023

Capital Square Closes on Construction Loan for Seventh Opportunity Zone Fund Development

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that the firm has secured financing from United Bank to fund construction of a 352-unit, Class A multifamily development in the Scott’s Addition qualified opportunity zone in Richmond, Virginia...

August 30, 2023

Capital Square Fully Subscribes DST Offering of Multifamily Community Near Huntsville, Alabama

Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities, announced today that its offering, CS1031 FarmHaus Apartments, DST, has been fully subscribed...

August 30, 2023

Blackstone Group retail push returns after property fund redemption panic – reports

Blackstone Group has revived plans to enter the retail market and launch a private equity fund for wealthy investors, according to reports. The company's ambition to launch the Blackstone Private Equity Strategies fund were scuppered in 2022 after it was forced to limit redemptions from its flagship $67bn property fund.

August 30, 2023

Arixa Capital Announces Strategic Joint Venture With Oaktree

Arixa Capital Advisors, LLC ("Arixa Capital" or "Arixa") today announced the launch of a $100M strategic joint venture, with the ability to upsize in the future, with funds managed by Oaktree Capital Management, L.P. ("Oaktree") to originate senior secured loans backed by residential and commercial real estate....

August 30, 2023

Realty Income to invest about $950 million in Bellagio Las Vegas

Realty Income (O.N) signed an agreement with Blackstone's real estate investing firm to invest about $950 million in the Bellagio Las Vegas resort, valuing the assets at $5.1 billion, the companies said on Friday...

August 23, 2023

Investing For Grownups: Why Asset Allocation Matters

Where you invest is important, but the amount you invest in each type of investment is also significant. Advisors traditionally recommend a 60/40 investment portfolio. This means that 60% of investments are in stocks and 40% in bonds, or 60% is at higher risk than the other 40%. However, history tells us that this traditional model…

August 23, 2023

Is Every Commercial Office Property in Trouble?

Why Not All Office Space Is Created Equal

August 23, 2023

Blackstone Is the First Alternative Asset Manager to Hit $1 Trillion AUM. So Where Does It Go From Here?

In July, Blackstone BX reported that it had surpassed $1 trillion in total assets under management during the second quarter of 2023, being the first alternative asset manager to cross that threshold. A bit of background to start: “Alternative asset management” is an umbrella term for asset managers that specialize in private market investment strategies like private…