Blackstone to buy Preferred Apartment Communities in $5.8 bln deal

Signage is seen outside The Blackstone Group headquarters in Manhattan, New York, U.S., November 12, 2021. REUTERS/Andrew Kelly/File Photo

Register now for FREE unlimited access to Reuters.com

Feb 16 (Reuters) – Real estate investment trust Preferred Apartment Communities Inc (APTS.N)said on Wednesday Blackstone Real Estate Income Trust will buy it in a $5.8 billion deal.

The world’s…

Continue Reading


News Source: https://www.reuters.com/business/finance/blackstone-buy-preferred-apartment-communities-58-bln-deal-wsj-2022-02-16/

Leave a comment

Your email address will not be published.