5 at 5: Your Daily Digest for Real Estate Investing, 9/27/21

·3-min read

It was only a few weeks ago that we learned that investment firm Blackstone Group (NYSE: BX) was looking to unload the Cosmopolitan on the Las Vegas Strip, with an asking price of at least $5 billion. Well, we just found out that Blackstone has officially found a buyer for the massive property -- sort of. The Millionacres takeaway: Our Matt Frankel provides an overview of the complex deal that Blackstone has made with one of the largest gaming companies in the world and what it means for that part of the commercial real estate industry.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting