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Blackstone to Pay $3.7b for REIT in Latest Rental Push

BREIT acquiring Resource REIT’s 12K-unit portfolio across 12 states

The Blackstone Group notched another deal this week in its continued push into the rental market. Philadelphia-based Resource REIT announced it was being acquired by Blackstone Real Estate Income Trust in a transaction valued at $3.7 billion. BREIT...

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