Apollo Buys Citigroup Investment Biz

NEW YORK CITY-Expected to close in the next few months, the deal, represents some $12.5 billion in worldwide assets, according to a Wall Street Journal report.

By John Salustri | March 24, 2010 at 05:32 AM

Wall Street Journal

The value of the Citi Property Investors holdings was put at $12.5 billion worldwide. For the complete story, please click here.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.

John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.

More from this author ⟶

1 Top 10 CRE Funds Stockpile Billions as Market Wonders What’s Next

2 Multifamily's Rising Loan Maturities Create New Buying Opportunities

3 Florida Ends Tax on Commercial Rent, Bringing Relief to Tenants

4 These States Have Launched New Funding Tools for Affordable Housing

5 Sweeping Congressional Bill Delivers Tax Relief, Permanent Opportunity Zones

Real Estate
GlobeSt. ELITE Women of Influence (WOI) 2025
July 21, 2025 - Denver

GlobeSt. Women of Influence Conference celebrates the women who drive the commercial real estate industry forward.
More Information
Real Estate
GlobeSt. Multifamily Fall 2025
October 15, 2025 - Los Angeles

Join the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!
More Information

Houston Industrial Rents Surge by 5% as Demand Remains High

By Anthony Russo | July 11, 2025

Net absorption is expected to remain positive and possibly even rise in the coming months.

Houston Industrial Rents Surge by 5% as Demand Remains High

Alpaca and LRC Start $250M South Industrial Portfolio With Two Nashville Assets

By Anthony Russo | July 10, 2025

Both properties take up roughly a combined 500,000 square feet.

Alpaca and LRC Start $250M South Industrial Portfolio With Two Nashville Assets

Amazon Expands Lease at Wynwood Plaza Mixed-Use Office Development

By Anthony Russo | July 10, 2025

The firm is now under contract for 75,000 square feet of space.

Amazon Expands Lease at Wynwood Plaza Mixed-Use Office Development

2025 State of Renter Delinquency and Default link

Report

Sponsored by TheGuarantors

2025 State of Renter Delinquency and Default

Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.

Browse More Resources ›

CRE Property Management Assessment: Your Building Operations Scorecard link

Assessment

Sponsored by Building Engines

CRE Property Management Assessment: Your Building Operations Scorecard

How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.

Browse More Resources ›

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze link

White Paper

Sponsored by TheGuarantors

5 Strategic Moves to Protect Your Multifamily NOI in 2025's Squeeze

Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.

Browse More Resources ›