Blackstone Eyes $800 Million Loan for NYC Office Tower Acquisition
2025-02-13
U.S. News & World Report
According to sources, Blackstone is set to secure a substantial loan of approximately $800 million to finance its acquisition of a significant stake in a prestigious 50-story office building in New York City. This major commercial real estate deal highlights the ongoing demand for prime office space in NYC, with top investment firms like Blackstone driving the market forward. The loan will enable Blackstone to expand its portfolio in the competitive New York office market, where commercial property investment and real estate financing continue to thrive. Key players in the industry are keeping a close eye on this development.
