BlackRock expands real estate holdings, buys ElmTree Funds with $7.3 billion in assets. Check details

BlackRock is set to acquire ElmTree, a real estate firm with $7.3 billion in assets. The deal, primarily stock-based, will integrate ElmTree into BlackRock’s Private Financing Solutions, allowing for market expansion. The deal is expected to close by the third quarter of this year. 

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