BlackRock Set to Acquire Real Estate Investment Firm With $7.3B in Assets – Commercial Observer
Multinational investment firm BlackRock is making big moves in the asset management business. BlackRock has entered an agreement to acquire ElmTree Funds, a real estate investment firm focusing on single-tenant, built-to-suit commercial properties with $7.3 billion in assets under management, according to a Monday announcement. SEE ALSO: Dwight Mortgage Trust Lends $230M on Ohio Health