Equity Residential Properties Trust

Equity Residential Properties Trust

Equity Residential Acquires 11 Apartment Properties from Blackstone Real Estate for $964 Million

Equity Residential, a leading apartment REIT, has agreed to acquire 11 high-quality apartment properties from Blackstone Real Estate, including Blackstone Real Estate Income Trust, Blackstone Real Estate Partners, and Blackstone Property Partners. The properties, located in Atlanta, Dallas/Ft. Worth, and Denver, comprise a total of 3,572 apartment units

Equity Residential Properties Trust

Equity Residential Acquires 11 Apartment Properties from Blackstone in $964 Million Deal

Equity Residential has agreed to acquire 11 apartment properties from Blackstone Real Estate, including properties from Blackstone Real Estate Income Trust, Blackstone Real Estate Partners, and Blackstone Property Partners, for approximately $964 million. The transactions, which are subject to customary closing conditions, are expected to close in the third quarter