Blackstone Real Estate Completes Privatization of AIR Communities for Approximately $10 Billion
June 28, 2024
June 28, 2024
NEW YORK, June 28 -- Blackstone, an investment firm, issued the following news release:
Blackstone (NYSE: BX) and Apartment Income REIT Corp. ("AIR Communities" or the "Company") today announced that Blackstone Real Estate Partners X ("Blackstone") has completed its previously announced acquisition of all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assump . . .
Blackstone (NYSE: BX) and Apartment Income REIT Corp. ("AIR Communities" or the "Company") today announced that Blackstone Real Estate Partners X ("Blackstone") has completed its previously announced acquisition of all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assump . . .