Blackstone fund buys St. Petersburg apartments

Verandahs' deal comes amid corporate shift for giant New York investment firm

  • By Kevin McQuaid
  • | 6:00 a.m. April 26, 2019
  • Commercial Real Estate
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The Blackstone Group has acquired a 381-unit multifamily rental complex in St. Petersburg, a signal that institutional investors remain bullish about prospects for rent and population growth in the Tampa Bay area.

 

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