Blackstone Launches April Housing

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More than 90,000 units will be overseen by the new company. Blackstone Real Estate Income Trust has formed April Housing, a new portfolio company that will focus on affordable housing across the United States. The firm will provide solutions and capital to create and preserve affordable housing, including assets within its own portfolio. April Housing’s portfolio will […]

Blackstone Forms New Company for Push Into Affordable Apartments

April Housing News & Events Two Boys Skateboarding and Scootering in the City through Affordable Apartments

Blackstone Inc. is forming a company to manage investments in affordable housing as the firm builds an operation to support a new strategic push. The investing giant is hiring veteran lender Alice Carr to lead the new company, called April Housing. Carr, previously head of community development banking for JPMorgan Chase & Co., will oversee an initial […]