The Blackstone Group, which owns the Hilton hotel properties in Hawaii as part of its Hilton Worldwide portfolio, has closed on $13.3 billion for its latest real estate fund, Blackstone Real Estate Partners VII, making it the largest opportunistic real estate fund ever.
Reuters reports the New York-based private equity fund raised the funds from more than 250 investors around the world.
In Hawaii, Blackstone recently listed the Waikoloa Beach Marriott Resort and Spa on the Big Island, which is…
via Honolulu Business News – Local Honolulu News | Pacific Business News of Honolulu http://feeds.bizjournals.com/~r/bizj_pacific/~3/Z8l2_U9JeS0/hilton-owner-blackstone-group-closes.html
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