PRESS RELEASES

• Blackstone Real Estate Income Trust Completes Previously Announced Acquisition of $1.2 Billion EDR Student Housing Portfolio in a Joint Venture with Greystar

  New York, NY, September 20, 2018 – Blackstone Real Estate Income Trust, Inc. (“BREIT”) today completed the previously announced acquisition of the EdR Student Housing Portfolio (the “Portfolio”) for $1.2 billion in a 95%/5% joint venture with Greystar Real Estate Partners (“Greystar”).

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INSIGHTS

• Joe Zidle: This is a Bull’s Dream

  With this bull market officially becoming the longest in history, a jittery investing public reasonably raises concerns that this marathon may soon come to an abrupt finish line.