"Blackstone Bets $7.6 Billion More on the Amazon Revolution" by Acquiring Gramercy Property Trust
https://www.bloomberg.com/news/articles/2018-05-0…
Definitely a signal of confidence in the runway for industrial real estate, as online retail sales continue to make up a greater slice of total retail volume. Seems to be a lot of M&A in the air in the industrial RE sector. Any thoughts on if this will affect individual property values or the greater industrial market?
I know we're not supposed to talk bad about anyone in the industry, but the CIO at Gramercy is an insufferable douche. I shared a table with him at a networking mixer and he was cutting everyone off and telling super douchey stories.
That being said the guy is going to cash out. Took in just under $3M in stock compensation over the past two years. http://insiders.morningstar.com/trading/executive-compensation.action?t…
I'd let him pork my rear for a cut of that cheese.
duplicate
He would probably be too selfish to give you a reach-around.
Qui earum ut amet fugiat id reiciendis labore. Pariatur porro commodi quia ut quisquam sit. Odio explicabo natus similique adipisci qui. Est et in unde velit. Laborum culpa autem autem maxime voluptas expedita occaecati.
Eos et esse enim aut. Ut omnis voluptatem mollitia. Sunt sequi fuga temporibus doloribus et fuga. Suscipit aut eveniet iste neque ipsam est.
Voluptas optio nostrum quisquam quam inventore. Voluptatibus et ut saepe rerum ipsam. Delectus deleniti praesentium laudantium quisquam officiis. Itaque iusto hic magni nemo recusandae.
Quia rem quis eum amet iure beatae aut. Quia error praesentium quo consequatur voluptatem labore.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...