Global real estate giant Blackstone Real Estate has filed to create a $5 billion non-traded real estate investment trust (REIT) that will primarily invest in income-oriented real estate, potentially including senior living. The new REIT will be called Blackstone Real Estate Income Trust, Inc. and will be externally managed by its adviser BX REIT Advisors LLC, […]
AR Capital
Times have certainly changed for AR Capital LLC (ARC) since the $2.6 billion sale of ARC Healthcare REIT to Ventas Inc. (NYSE: VTR) last year. ARC, one of the largest sponsors of non-traded real estate investment trusts (REITs), has announced it will suspend new capital fundraising by the end of the year. The company has placed […]
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