The alternative investment giant may be on the verge of its first New York office building transaction in nearly three years.
The transaction hasn't closed yet, Bloomberg reports, citing anonymous sources, but it would mark Blackstone's first noteworthy deal in roughly three years.
Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
Buying $1000 In BX: If an investor had bought $1000 of BX stock 15 years ago, it would be worth $13,976.42 today based on a price of $177.82 for BX at the time of writing.
Australian M&A defied a slow growth environment to post a solid performance in 2024, while dealmakers are optimistic about the prospects for the ...
Blackstone Inc. (NYSE: BX) reported fourth-quarter earnings that surpassed Wall Street estimates, showcasing the alternative asset manager’s strong financial performance. The company posted ...
It’s been three years since Blackstone’s last big move in Manhattan’s office market. In 2022, the company acquired a 49 ...
Shares of Blackstone Inc. BX slipped 4.10% to $177.78 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.53% to 6,071.17 ...
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
Goldman Sachs Group Inc. has partnered with Dallas-based real estate firm Dalfen Industrial LLC to purchase nearly $300 ...