Planet SOS
Focus on ESG Goals Is Encouraging More CRE Players to Invest in Affordable Housing
This July, Blackstone Real Estate Income Trust announced plans to acquire AIG’s interests in a U.S. affordable housing portfolio for a whopping $5.1 billion, in an all-cash transaction. The AIG deal is Blackstone’s latest affordable housing play. In May, the firm revealed that it would buy roughly 5,800 apartments in…
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Click here to read the full story: Wealth Management.com