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fareastwarriors

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    Where do REIT'S go from here ?

    in General Discussion

    Posted

    17 minutes ago, Ulti said:

    https://www.yahoo.com/finance/news/blackstone-limit-withdrawals-giant-real-155132626.html

     

    https://www.globest.com/2022/12/01/blackstone-sells-stake-in-two-vegas-hotels-for-5-5b/?slreturn=20221101144525

     

    Blackstone will receive $1.27B in cash and Vici will assume Blackstone’s share of about $3B in debt, according to a report in the Wall Street Journal.

     

    According to the WSJ, the NY-based investment firm is reaping a profit of $700M in the deal, including rent from operators during the past three years.

     

    what are you selling today?

    in General Discussion

    Posted · Edited by fareastwarriors

    did not expect sudden pop at VRE. sold some at around $16

     

     

     

    EDIT: Ohhhh

     

    Investment Giant Fortress to Help Fund Kushner Takeover Bid of Rival Property Owner Veris

     

    Fortress is ‘prepared to finance the debt and equity’ in unsolicited $4.3 billion bid

     

    https://www.wsj.com/articles/investment-giant-fortress-to-help-fund-kushner-takeover-bid-of-rival-property-owner-veris-11669146450

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