US Investor Bets £300 Million on Red-Hot UK Rental Market An American private equity firm has agreed to finance a roughly £300 million ($370 million) housing development in Birmingham, in the biggest ever UK build-to-rent funding deal outside of London.
Blackstone’s Schwarzman Says US Banking Crisis Is ‘Solvable’ Blackstone Inc.’s Steve Schwarzman expects most US banks to withstand the current industry turmoil, blaming it on the after-effects of the pandemic and technology rather than a wave of bad loans.