Shareholders asked to redeem $4.5 billion last month from Blackstone Real Estate Income Trust “in a month of tremendous market volatility and broad-based financial stress,” the company said Monday in a letter. BREIT allowed about $666 million to...

Recent surveys indicate a high demand over the next two years from family offices for illiquid assets, including real estate.

San Francisco, where the next new thing was always around the corner, is struggling to figure out its future.

Monday’s deal will increase the size of Extra Space’s portfolio by more than 50% by store count.