Deals
Blackstone Backs $784 Million U.S. Student Housing Portfolio
- Private equity firm expands bet as college campuses reopen
- Other investors have been pouring into the real estate asset
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Blackstone Inc. is broadening its bet on U.S. student housing, forming a $784 million joint venture with Landmark Properties.
The new partnership will recapitalize a portfolio of buildings with 5,416 beds, according to a statement Friday.