SUNSEEKER: Blackstone's Plan for the Property Uncertain After $200M Acquisition

SUNSEEKER: Blackstone's plan for the property uncertain after $200M acquisition

The $700 million Sunseeker Resort in Charlotte County is being sold for less than a third of its construction cost, just 18 months after opening its doors. The future of the resort, and its employees is uncertain.Allegiant Travel Company announced Monday its selling the Sunseeker Resort to Blackstone, one of the worlds largest investment firms, for $200 million. Thats a steep drop from the more than $700 million Allegiant spent to build the luxu…

Blackstone Bumps Bid for UK’s Warehouse REIT After Tritax Offer

Blackstone Inc. has raised its offer to buy UK landlord Warehouse REIT Plc, topping the one announced last month by Tritax Big Box REIT Plc.

Blackstone ups offer for UK's Warehouse REIT to $666mln

Under the revised offer, Warehouse REIT shareholders will receive 113.4 pence per share in cash and a dividend of 1.6 pence per share, Blackstone said