From left: Greystar’s founder Bob Faith and Blackstone’s head of real estate Jonathan Gray The Blackstone Group is buying 32 multifamily buildings from Greystar Real Estate Partners for $2 billion, doubling down on its bet on the U.S. rental market. The portfolio includes 10,399 apartment units across major metropolitan areas, including Los Angeles, South Florida, San Francisco and New York. (more…)
Source: The Real Deal