Blackstone to take Apartment Income REIT private for $10 bln, WSJ reports-May 2024-www.financetom.com

Blackstone to take Apartment Income REIT private for $10 bln, WSJ reports

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Blackstone to take Apartment Income REIT private for $10 bln, WSJ reports

Apr 8, 2024 5:47 AM

April 8 (Reuters) - Asset manager Blackstone is

taking private rental housing firm Apartment Income REIT ( AIRC )

, known as AIR Communities, for $10 billion in cash, the

Wall Street Journal reported on Monday, citing people familiar

with the matter.

(Reporting by Ananta Agarwal in Bengaluru; Editing by Arun

Koyyur)

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