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Blackstone Real Estate to Take AIR Communities Private for Approximately $10 Billion
April 09, 2024
NEW YORK, April 9 -- Blackstone, an investment firm, issued the following news release on April 8, 2024:

NEW YORK & DENVER -- Blackstone (NYSE: BX) and Apartment Income REIT Corp. (NYSE: AIRC) ("AIR Communities" or the "Company") today announced that they have entered into a definitive agreement under which Blackstone Real Estate Partners X ("Blackstone") will acquire all outstanding common shares of AIR Communities for $39.12 per share in an all-ca . . .

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