Blackstone Real Estate Completes Privatization of AIR Communities for Approximately $10 Billion
NEW YORK & DENVER — Blackstone (NYSE: BX) and Apartment Income REIT Corp. (“AIR Communities” or the “Company”) today announced that Blackstone Real Estate Partners X (“Blackstone”) has completed its previously announced acquisition of all outstanding common shares of AIR Communities for $39.12 per share in an all-cash transaction valued at approximately $10 billion, including […]