Blog Articles, Multi-family

Phoenix area apartment purchases. Featured by ArizonaROI.

Private-equity firm Blackstone Group LP (BX) is making one of the biggest bets on rental apartments since the financial crisis. The New York firm has agreed to buy majority stakes in 80 apartment complexes from the financing arm of General Electric Co. (GE) in a deal that values the portfolio at $2.7 billion, according to… Continue reading Phoenix area apartment purchases. Featured by ArizonaROI.