NEW YORK, May 29, 2024--Blackstone Real Estate today announced that it has reached an agreement to sell Turtle Bay Resort for $725 million. Blackstone purchased the hotel in 2018 for $332 million and subsequently invested significant capital in renovations.
TEL AVIV, Israel, May 16, 2024--Blackstone today announced that Blackstone Growth and affiliated funds (collectively "Blackstone") have entered into a definitive agreement to acquire a majority stake in Priority Software, a leading provider of mission-critical business software. Blackstone’s investment will help build on the company’s position at the forefront of the ERP software market and support its further growth across industries and markets.
Morgan Stanley (NYSE:MS) has entered into a deal to acquire around $700 million of property loans from the failed Signature Bank through a consortium. The consortium involves Blackstone Inc. (NYSE:BX), Canada Pension Plan Investment Board, and Rialto Capital. The transaction, marks a significant move in the commercial-property finance arena, according to a report from Bloomberg. Jones Lang LaSalle Inc (NYSE:JLL) advised on the sale. Representatives for Blackstone, CPPIB, and Morgan Stanley opted