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FAQs

How many homes does Blackstone own in the US? ›

In June 2021, Blackstone Real Estate Income Trust was ready to jump back into the single-family space with its $6 billion purchase of Home Partners of America, which at the time owned 17,000 U.S. homes.

About Blackstone Real Estate

Blackstone is the largest owner of commercial real estate globally, owning and operating assets across every major geography and sector, including logistics, residential, office, hospitality and retail.

Blackstone Inc. is an American alternative investment management company based in New York City. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last three decades, while its real estate business has actively acquired commercial real estate across the globe.

Stephen Allen Schwarzman (born February 14, 1947) is an American businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was chairman of former President Donald Trump's Strategic and Policy Forum.

Blackstone owns and manages over 300,000 units of rental housing in the U.S., making it the largest landlord in the U.S.

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Capital World Investors, State Street Corp, Morgan Stanley, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Capital International Investors, Jpmorgan Chase & Co, and Geode Capital Management ...

The highest-paying job at The Blackstone Group is a Senior Associate with a salary of ₹122.7 Lakhs per year. The top 10% of employees earn more than ₹34.40 lakhs per year. The top 1% earn more than a whopping ₹283.78 lakhs per year.

As of Sep 4, 2024, the average annual pay for a Blackstone in the United States is $241,295 a year. Just in case you need a simple salary calculator, that works out to be approximately $116.01 an hour. This is the equivalent of $4,640/week or $20,107/month.

The average Managing Director base salary at The Blackstone Group is $321K per year.

China Investment Corporation, China's sovereign wealth fund, has sold its stake in Blackstone Group, the American private equity giant, the latter said in a recent filing. The fund, known as C.I.C., did not disclose a reason for the sale, and neither side disclosed how big it was.

How much does the CEO of Blackstone make? ›

Steve Schwarzman, co-founder and chief executive officer of Blackstone, in Davos, Switzerland, on Thursday, Jan. 18, 2024. Blackstone Inc. Chief Executive Officer Steve Schwarzman took home $896.7 million last year, a 30% drop from a year earlier, yet still one of the biggest annual payouts on record in high finance.

The Blackstone Group has an overall rating of 4.1 out of 5, based on over 830 reviews left anonymously by employees.

Homeowner rates by race and ethnicity

Homeownership statistics by race show that White households have the highest rates of homeownership, at 74.3 percent. The homeownership rate for Asian homeowners is the second highest at 62.3 percent, followed by American Indian or Alaskan native homeowners at 51.6 percent.

Does BlackRock invest in companies that own housing? While it is true that Blackrock does not own houses or own companies that own houses, they do invest in companies that own houses. Blackrock owns 6.7% of American Homes for Rent, which owns 59,000 homes in the United States.

Back in 2019, Blackstone pulled back from the single-family space as it fully divested from Invitation Homes, which Blackstone had used in the years following 2012 to gobble up homes for dirt cheap prices following the housing crash.

(“BREIT”) and Blackstone Property Partners (“BPP”), have completed the previously announced acquisition of all of the outstanding shares of common stock of American Campus Communities, Inc.