AIR Communities REIT Climbs on Blackstone Deal News; Other REITs Rise

AIR Communities REIT Climbs on Blackstone Deal News; Other REITs Rise·The Wall Street Journal
In this article:

Shares of Apartment Income REIT popped Monday on the news that Blackstone has agreed to acquire the owner of upscale apartment buildings for about $10 billion. The REIT, also known as AIR Communities, was recently up 22%.

Advertisement