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Blackstone REIT's $10B Raise To Come With $2.6M Legal Bill

Law360 (June 12, 2018, 4:10 PM EDT) -- Blackstone Real Estate Income Trust Inc., which is represented by Venable LLP and Simpson Thacher & Bartlett LLP, said in a regulatory filing on Tuesday that it plans to raise up to an additional $10 billion in a deal expected to result in an estimated $2.6 million in legal fees.

According to a filing with the U.S. Securities and Exchange Commission on Tuesday, the REIT is proposing to sell as much as $8 billion worth of shares to the public and up to $2 billion under...
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