Blackstone Is Becoming a Real Estate Powerhouse
Blackstone Group (NYSE: BX) made headlines once again this week by making another big splash in the real estate market. This time, the leading alternative asset manager scooped up American Campus Communities, a real estate investment trust (REIT) focused on student housing. The nearly $13 billion deal is the latest in a string of headline-grabbing transactions by the company.
It's becoming a dominant force in the real estate industry. Here's a closer look at how Blackstone Group compares to its rivals in the real estate sector.
Image source: Getty Images.
Source Fool.com
