{"id":154676,"date":"2021-12-17T12:04:43","date_gmt":"2021-12-17T17:04:43","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=154676"},"modified":"2023-11-17T16:07:32","modified_gmt":"2023-11-17T21:07:32","slug":"blackstone-reit-and-aig-complete-us-affordable-housing-deal","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/blackstone-reit-and-aig-complete-us-affordable-housing-deal\/","title":{"rendered":"Blackstone REIT and AIG Complete US Affordable Housing Deal"},"content":{"rendered":"
Blackstone Inc. affiliate Blackstone Real Estate Income Trust Inc. closed its buyout of American International Group Inc.’s stakes in a U.S. affordable housing portfolio.<\/p>\n
The insurer’s employees who worked full-time to support the affordable housing assets were given the option to join the portfolio company overseeing the properties.<\/p>\n
The parties earlier said the cash transaction was valued at $5.1 billion.<\/p>\n
Source: S&P Capital IQ<\/em><\/p>\n Blackstone Inc. affiliate Blackstone Real Estate Income Trust Inc. closed its buyout of American International Group Inc.’s…<\/p>\n","protected":false},"author":3464,"featured_media":159718,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3010,2710,2942,2965],"tags":[],"class_list":["post-154676","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asset-manager-news","category-blackstone","category-dispositions","category-performance"],"acf":[],"yoast_head":"\n