Blackstone Mortgage Trust Inc. has grown its loan portfolio to a record high $18.7 billion, and its leaders see more runway for growth ahead. President Katie Keenan is poised to play a bigger role in guiding that strategic expansion.
Higher rents are the kind of price increase that’s hard to reverse -– unlike many of the ones that have accompanied the economy’s reopening, from lumber to used cars.
The self-storage sector has been recovering from the impact of COVID-19 faster than many other property sectors, reports The Wall Street Journal. The Real Deal takes an in-depth look at Extended Stay America’s recently purchased portfolio. These are among today’s must reads from around the commercial real estate industry.
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