Key TakeawaysEquity Residential has agreed to pay Blackstone Real Estate $964 million for 11 apartment properties.The complexes are situated in Atlanta, Dallas/Fort Worth, and Denver, locations it is targeting for expansion.Equity Residential said the units are attractive to its "higher end renter demographic." Shares of Equity Residential (EQR) fell Wednesday after the real estate investment trust (REIT) announced it had agreed to purchase 11 apartment properties from Blackstone's (BX) real estate unit in ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED JUNE 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 001-33551 Blackstone Inc. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdic ...

While growth-focused public companies tend to attract the most attention on Wall Street, safe stocks also present a viable pathway to long-term success. Yes, these ideas might be boring – no, they are boring. We’re talking about entities that like insurance companies, consumer goods, critical services: yes, they’re important but they’re not what you would call sexy.Still, if you keep targeting growth names, chances are quite high that you’ll eventually encounter some serious regrets. It’s just like a footba ...

ryasick I have posted many articles making the case for real estate investment trusts, or REITs (VNQ), over the past year. In short, their share prices had crashed, and their valuations had dropped to the lowest levels in 16 years, with most REITs trading at large discounts relative to the value of the real estate they own. Still today, it is not uncommon to find individual REITs that trade at a 30, 40 or even a 50% discount relative to their net asset values. Such low valuations are truly exceptional f ...

simonkr/E+ via Getty ImagesAres Management Corporation (NYSE:ARES) is the fourth largest US firm with asset management activities as its core business. ARES was founded in 1997, and accumulates a market cap of approximately $45.5 billion, together with trailing revenues of $3.526 billion and a total AUM of $428 billion. On Friday, the firm is set to report Q2 earnings, following a week where leading alternative asset managers will also be reporting. This is the case for Blue Owl Capital (OWL) and Apollo ...

Robert Daly Blackstone (BX) has long been underweight retail, having mostly bought single family rentals, apartments, industrial and data centers. On 7/30/24, Reuters published a report saying Blackstone is in preliminary discussions to acquire Retail Opportunity Investments Corp. (NASDAQ:ROIC). Shopping centers have had increasingly favorable fundamentals, as we wrote about here. It would seem private equity is starting to appreciate the sector. Given that Blackstone and other private equity are dramat ...

AI Industry Growth and Investment - Large tech companies are set to spend over $1 trillion on AI capex in the coming years, with Blackstone predicting an additional $1 trillion outside the US [1] - Blackstone has a $70 billion prospective data center pipeline, adding to its current $55 billion portfolio [6] - The US is expected to see $1 trillion in capital expenditures for data centers over the next five years, with another $1 trillion outside the US [7] Power Consumption and Infrastructure Challenges - Global data center electricity consumption could double by 2026 due to AI demands [2] - Data centers are major energy consumers, with hyperscalers using as much power as 80,000 households [5] - Efficient cooling accounts for about 40% of data center energy consumption [5] Avant Technologies' Innovations - Avant Technologies is developing state-of-the-art facilities with immersible AI supercomputer servers, offering superior processing power and efficient data analysis [2] - The company has entered a $20 million equity financing agreement with GHS Investments to support its infrastructure solutions [2] - Avant plans to construct smaller, energy-efficient data centers nationwide, addressing sustainability concerns [4][5] - Avant signed a $50 million agreement with Flow Wave to acquire 50 immersible computer servers [5] Blackstone's Strategic Moves - Blackstone acquired Trystar to address power grid concerns and ensure power reliability for data centers [7] - The company is leveraging its energy transition investments to enhance Trystar's market position [8] Vertiv Holdings' Modular Data Center Solutions - Vertiv launched the MegaMod CoolChip, a high-density modular data center solution for AI, which can bring capacity online 50% faster than standard construction [8][9] - The solution is designed to meet evolving AI requirements and offers flexibility in deployment [9] Microsoft and Lumen Technologies Partnership - Microsoft partnered with Lumen Technologies to expand network capacity and meet AI-driven data center demands [10] - Lumen will migrate workloads to Microsoft Azure, enhancing its offerings and expected to boost cash flow by over $20 million in the next 12 months [11] - The collaboration aims to create a reliable and scalable platform for AI and other workloads [12]

Gary Yeowell Thesis Blackstone Mortgage Trust (NYSE:BXMT) is a real estate finance company that originates senior loans collateralized by commercial properties in North America, Europe, and Australia. The REIT is one of the largest in the space, alongside Starwood Property Trust (STWD), and has been hit hard by the current downturn in North American CRE. In this article, we are going to have a closer look at the REIT's latest results and our view on its path forward. BXMT is a type of lending institution, n ...

kmaassrock/E+ via Getty Images Blackstone Inc. (BX) is a giant in the real estate market. We doubt that’s breaking news to most. The company, which currently has a market cap of $173 billion, is the owner of BREIT, its real estate investment vehicle. BREIT is 3x larger than the next five largest non-traded REITs combined! According to the company’s 2Q24 earnings, this investment vehicle has generated a cumulative return of 10% in its largest share class since early 2022 and a return of more than 10% ann ...

These companies offer solid return prospects and above-average yields.The S&P 500 includes world-class companies with solid return prospects, but income investors might be dissatisfied with the index's current average yield of 1.3% -- the lowest in over 20 years.Some of the best companies in the index demonstrate solid business performance while also offering better dividend yields. Here are two such stocks that have what it takes to continue rewarding investors for years to come.1. Coca-ColaCoca-Cola (KO 1 ...