Blackstone Strikes $1.6 Billion Student Housing Deal With KKR
Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
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Blackstone Inc. agreed to sell a student-housing portfolio to KKR & Co. for $1.64 billion.
Adler Group SA has reached an agreement in principle with some bondholders on another overhaul of its debtload, as the embattled German real estate firm struggles to sell properties and raise liquidity.
Czech real estate billionaire Radovan Vitek is doubling his asset-sale target, in a bid to curb debt after a buying spree that made him one of Europe’s largest landlords.
It’s independents, a growing voting bloc, who drive election victories in the swing state, where the GOP is rushing to defuse abortion as an issue.
The deep freeze that’s gripped Europe’s real estate markets since borrowing costs jumped worsened at the start of the year as deals plunged to their lowest levels since 2011.
Mar 31, 2020
Bloomberg News
,(Bloomberg) -- Home prices in 20 U.S. cities accelerated in January from a year earlier, marking the fifth straight annual gain and corroborating other recent data that showed a flurry of housing market activity prior to the coronavirus pandemic.
The S&P CoreLogic Case-Shiller index of property values increased 3.1% from the same month in 2019, data released Tuesday showed. The median estimate in a Bloomberg survey of economists was for a 3.2% gain. Prices climbed 0.3% from a month earlier, on a seasonally adjusted basis.
The figures indicate a residential real estate market that was building momentum at the turn of the year against a backdrop of declining borrowing costs, steady job growth and warmer weather. The strength in home sales probably dissipated in March as government efforts to control the virus outbreak forced business closures and caused a dramatic surge in layoffs.
New-home sales in February held close to an almost 13-year high, while purchases of previously owned houses jumped to the strongest pace since 2007, recent data showed.
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