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Blackstone Real Estate Income Trust Completes $3.7 Billion Acquisition Of Resource Reit

Blackstone Real Estate Income Trust Completes $3.7 Billion Acquisition Of Resource Reit

05/19/22, 2:06 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/BM.svgbermuda
Blackstone (NYSE: BX) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT, Inc. (the “REIT”) for $14.75 per share in an all-cash transaction valued at $3.7 billion, including the assumption of the REIT’s debt.

Company Info

Company
Resolution Life
Location
Bermuda
Company info
Resolution Life is a global life insurance group focusing on the acquisition and management of portfolios of inforce life insurance policies.

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