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Blackstone Inc. secured deal of about $10 billion for an apartment landlord in the latest sign that the real estate investor sees a ripe moment to pour money into the property market.
Blackstone agreed to acquire Apartment Income REIT, known as AIR Communities, in an all-cash deal for $39.12 a share, according to a statement
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The post Blackstone to Buy AIR Apartment Owner in $10 Billion Deal – Bloomberg appeared first on Canadian News Media.