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  • Writer's picturePhillip Jones

Blackstone REIT to Buy Preferred Apartment Communities in $5.8 Billion Deal - The Di Wire

Updated: Aug 10, 2022


William Levy | IGRE - The second Blackstone acquisition of an alternative investment Real Estate company. Bluerock was first, and now Preferred Apartment Communities. Both groups have provided warrants as additional profits to their investors. More warrants in future Real Estate. Click link to learn more: 805-690-5389.

Blackstone Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust managed by private equity giant The Blackstone Group (NYSE: BX), plans to purchase publicly traded REIT, Preferred Apartment Communities (NYSE: APTS).

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