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Blackstone Credit & Insurance to Provide Financing For Bernhard Capital Partners’ Acquisition of CenterPoint Energy’s Louisiana and Mississippi Natural Gas Distribution Operations

Blackstone Credit & Insurance, Jefferies, Scotiabank, and Bernhard Capital Partners, today jointly announced that Blackstone has provided debt financing commitments for Delta Utilities, a portfolio company of Bernhard Capital Partners, to acquire CenterPoint Energy, Inc.’s regulated natural gas distribution operations in both Louisiana and Mississippi.

Blackstone Real Estate to Take AIR Communities Private for Approximately $10 Billion

Plans to Invest More Than $400 Million to Maintain and Improve Existing Portfolio, Illustrating Commitment to Delivering a Leading Resident Experience NEW YORK & DENVER – April 8, 2024 – Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) (“AIR Communities” or the “Company”) today announced that they have entered into a definitive agreement […]

Blackstone Core+ Funds Sell Premium Office Tower in the Largest Commercial Real Estate Transaction in Seoul’s Major Business District Since 2022

Blackstone announced the closing of the sale of Arc Place, a high-quality Grade A office building in the Gangnam Business District in Seoul, South Korea, to KORAMCO. This marks the largest commercial real estate transaction in Seoul’s major business district since 2022.

Rexford Industrial Acquires Blackstone Industrial Assets in Combined $1 Billion Investment

Rexford Industrial Realty, Inc. (“Rexford Industrial”) (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, and Blackstone (NYSE: BX), announced Rexford Industrial acquired approximately 3 million square feet of industrial properties pursuant to separate transactions with Blackstone Real Estate, including the Blackstone Property Partners strategy as well as Blackstone Real Estate Partners and Blackstone Real Estate Income Trust, for an aggregate purchase price of $1.0 billion.

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