Blackstone $6 billion acquisition of Strategic Hotels & Resorts

Overview:

• Private equity firm Blackstone has completed its $6 billion acquisition of real estate investment trust (REIT) Strategic Hotels & Resorts.
• The deal is part of a recent trend of increased investment in real estate by Blackstone.
• The transaction was announced in September, 2015.
• Simpson Thacher & Bartlett (Brian Stadler, Greg Ressa) advised Blackstone.
• Sidley Austin (Imad Qasim, Thomas Cole) advised Strategic.

Kurt Stumpo - Journalist - North America and the Caribbean