At a glance
- Blackstone's Nov. 5 transaction with Peabody Union came from its real estate debt arm, making the largest item on the two-day list a loan.
- The next largest transactions were Atlas Capital Group's $150 million 360 W. 43rd St. deal and 11North Partners' $108.7 million Arizona grocery portfolio deal with A&C Properties, both closed Nov. 6.
- For advisors comparing private real estate managers, the $310 million Blackstone item is a loan and the six non-debt transactions total $566.1 million, averaging $94.4 million.
Seven U.S. property transactions closed Nov. 5-6 with disclosed values totaling at least $876.1 million, led by a $310 million loan from Blackstone Real Estate Debt Strategies, according to Private Wealth Daily's Deal Tracker.
Blackstone's Nov. 5 transaction with Peabody Union came from its real estate debt arm, making the largest item on the two-day list a loan. The next largest transactions were Atlas Capital Group's $150 million 360 W. 43rd St. deal and 11North Partners' $108.7 million Arizona grocery portfolio deal with A&C Properties, both closed Nov. 6.
| Transaction | Size | Closed |
|---|---|---|
| Blackstone Real Estate Debt Strategies / Peabody Union | $310.0 million | Nov. 5 |
| Atlas Capital Group / 360 W. 43rd St. | $150.0 million | Nov. 6 |
| 11North Partners / A&C Properties / Arizona grocery portfolio | $108.7 million | Nov. 6 |
| Trinitas Ventures / Starwood Capital Group / Affinius Capital | $100.3 million | Nov. 6 |
| Invesco Real Estate Income Trust / IREX V Diversified Portfolio DST | $97.6 million | Nov. 5 |
| The Bascom Group / Viceroy Observatory Park | $62.5 million | Nov. 6 |
| Grand Lifestyles / Greystone / Foxboro Apartments | $47.0 million | Nov. 5 |
For advisors comparing private real estate managers, the $310 million Blackstone item is a loan and the six non-debt transactions total $566.1 million, averaging $94.4 million. They range from $47 million for Grand Lifestyles and Greystone's Foxboro Apartments to $150 million for Atlas Capital Group's 360 W. 43rd St. deal, spanning student housing, grocery, a diversified portfolio DST and named apartment and commercial assets.
Reported by the Deals & PE desk from Private Wealth Daily's Deal Tracker. Published . Corrections