The new fund will focus on asset classes hurt by the pandemic that have room for a rebound.

The government is looking at selling the bulk of the firm’s assets under a restructuring proposal.

U.S. apartment rents were on average 10.1 percent higher in 2021 than the year prior, according to CNN Business. Blackstone has doubled its quarterly earnings in the fourth quarter, led mostly by its real estate assets. These are among today’s...

With more states legalizing cannabis use, the sector is starting to look at lot less risky.