GlobeSt.com UPDATE: Blackstone Completes Buyout of Boca Resorts
BOCA RATON, FL-Under the merger transaction initially announced on Oct. 20, stockholders in the locally based company that owned and operated five luxury properties in Florida receive $24 a share, taking the transaction value to almost $1.3 billion.
WASHINGTON, DC--The recapitalization with Beacon Capital Partners closed on Wednesday nights.
NEW YORK CITY—The appointee joins the firm’s multifamily finance team from Prudential Mortgage Capital Co.
NEW YORK CITY—The investor base for StepStone Real Estate Partners III includes institutions and high net worth individuals from across the globe, says real estate head Jeffrey Giller.
SAN DIEGO—Multifamily lenders need to keep an eye on income growth and factor it into their underwriting standards, in addition to being aware of decreasing affordability in the market, speakers at MBA’s CREF/Multifamily Housing Convention & Expo 2017 tell attendees.