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-Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on... -April 25, 2024 at 08:25 am EDT - MarketScreener
The deal includes properties located near 14 public universities.
(Reuters) -Private equity firm KKR has agreed to buy a portfolio of 19 student housing properties from Blackstone Real Estate Income Trust for about $1.64 billion, the companies said on Thursday. The over 10,000-bed portfolio comprises 19 student housi...
American Campus Communities: "This transaction is an excellent outcome for BREIT's investors and demonstrates the strong demand for the high-quality assets," Jacob Werner, co-head of Americas acquisitions for Blackstone Real Estate, said in a statement.
KKR announced Wednesday that it had agreed to purchase a 19-property student housing portfolio from BREIT for $1.64 billion.