Blackstone Group Leaves Single-Family Rental Business

DS News, Nov. 21, 2019–Seth Welborn The Blackstone Group Inc. has sold the last of its shares in Invitation Homes, the company’s rental business. Blackstone sold around 11% of Invitation …

Real Estate Firms Rolling Out New Funds for Mom-and-Pop Investors (subscription)

Real estate giants like Blackstone Group and Starwood Capital Group have raised billions of dollars from individual investors through a product known as non-traded real estate investment trusts. These funds enable small investors to own a piece of hotels, office buildings, shopping centers and other properties typically owned by large institutions and their money managers.

CRE Industry Preps for New EB-5 Regulations

The U.S. government’s modernization of the immigrant investor program goes into effect today with new rules–most notably, an 80 percent increase in the investment minimum.

Commercial-Multifamily Briefs

Freddie Mac, McLean, Va., priced a K-C Series offering of Structured Pass-Through “K Certificate” multifamily mortgage-backed securities.

Investors Hit the Pause Button on CRE Debt Strategies

Private equity real estate funds have stepped up to be a major source of financing for the commercial real estate industry—and a bigger allocation for investors. However, fund managers may face a tougher road ahead for fundraising in the near term as capital flows to the sector slow.