Blackstone Real Estate Income Trust to Acquire Simply Self Storage for Approximately $1.2 Billion

Press Releases

Blackstone Real Estate Income Trust Announces Virtual-Only Format for 2020 Annual Meeting of Stockholders

Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that its 2020 Annual Meeting of Stockholders (the “Annual Meeting”) will be held as a virtual-only meeting on the previously announced date and time of Wednesday, June 17, 2020 at 9:00 a.m., Eastern Daylight Time in light of the public health impact of the novel coronavirus (COVID-19) pandemic. BREIT intends to return to an in-person format for future annual meetings of stockholders.

MGM Growth Properties And Blackstone Real Estate Income Trust To Form Joint Venture To Acquire The Las Vegas Real Estate Of The MGM Grand And Mandalay Bay For $4.6 Billion And Simultaneously Execute Long-Term Lease With MGM Resorts

LAS VEGAS & NEW YORK, January 14, 2020 –– MGM Growth Properties LLC (“MGP”) (NYSE: MGP) and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced that MGP and BREIT have entered into a definitive agreement to form a new joint venture to acquire the Las Vegas real estate assets of the MGM Grand and […]

Blackstone Real Estate Income Trust Completes Acquisition Of Bellagio Real Estate From MGM Resorts International For $4.25 Billion In Sale-Leaseback Transaction

November 18, 2019 – New York and Las Vegas – Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction. […]

Blackstone Real Estate Income Trust To Acquire The Bellagio Real Estate From MGM Resorts International For $4.25 Billion In Sale-Leaseback Transaction

Blackstone Real Estate Income Trust (“BREIT”), and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) announced today that BREIT and MGM Resorts will form a 95%/5% BREIT-led joint venture to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction. As part of the transaction, MGM Resorts will lease the property […]

Blackstone Completes The Acquisition Of U.S. Logistics Assets From GLP, Adding To Firm’s Leading Global Portfolio

New York, September 26, 2019 – Blackstone (NYSE: BX) today announced that it has closed on its previously announced acquisition of U.S. logistics assets from three of GLP’s U.S. funds for a purchase price of $18.7 billion. As previously announced, Blackstone Real Estate’s global opportunistic BREP strategy is acquiring 115 million square feet for $13.4 […]

Blackstone to Buy U.S. Logistics Assets from GLP for $18.7 Billion

New York and Las Vegas – Blackstone Real Estate Income Trust (“BREIT”) and MGM Resorts International (“MGM Resorts”) (NYSE: MGM) today announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to acquire the real estate assets of the Bellagio for $4.25 billion in a sale-leaseback transaction.

BREIT to Acquire $1.2 Billion EDR Student Housing Portfolio

New York, June 25, 2018 – Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today an agreement to acquire the EdR Student Housing Portfolio (the “Portfolio”), with 10,500 beds across 20 assets, for $1.2 billion, in a 95%/5% BREIT-led joint venture with Greystar Real Estate Partners (“Greystar”). The transaction will be completed in conjunction with […]

Blackstone Real Estate Income Trust Acquires $1.8 Billion Canyon Industrial Portfolio

New York, NY, March, 2018. Blackstone Real Estate Income Trust, Inc. (“BREIT”) announced today that it acquired the Canyon Industrial Portfolio, a 22 million square foot portfolio of industrial assets, for approximately $1.8 billion. The Canyon Industrial Portfolio is comprised of 146 last-mile infill warehouses and distribution buildings with major concentrations in Chicago, Dallas, Baltimore/Washington […]