Real Estate Industry News

The properties being acquired by two Blackstone investment vehicles total about 1,300 and are in high-growth markets such as greater Los Angeles, San Francisco, Seattle, Miami, New Jersey and Portland, Ore., according to a person with knowledge of the deal. Others are in Dallas-Fort Worth area, Chicago, central Pennsylvania, Atlanta and south and central Florida, said a person familiar with the deal who asked not to be identified because the information isn’t public.