What company owns Blackstone?
Blackstone's most notable real estate investments have included EQ Office, Hilton Worldwide, Trizec Properties, Center Parcs UK, La Quinta Inns & Suites, Motel 6, Wyndham Worldwide, Southern Cross Healthcare and Vicinity Centres.
Where does Blackstone get its money?
Blackstone makes its money from two main sources: management fees and performance/incentive fees. Over the past few years, the mix has shifted more towards management fees. Across all of its business segments, management fees now rack up at around $5 billion per year.
Is Blackstone the largest real estate owner?
The private equity firm Blackstone, the largest owner of commercial real estate in the world, is expanding its portfolio of rental housing and commercial real estate in the United States.
Who is bigger KKR or Blackstone?
Blackstone, the world's largest private equity firm, is on pace to exceed $3 billion in fee-related earnings in 2021, while KKR may see $1.5 billion, according to Wylie Fernyhough, a senior analyst at PitchBook. The estimates are based on the firms' fourth quarter results, he explained by phone.