Blackstone and Apartment Income REIT Corporation (“AIR Communities”) announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including the assumption of debt. The purchase price representsContinue reading “Blackstone Acquiring Multifamily Owner AIR Communities for $10 Billion”