Topic - Blackstone

York-based investment firm Blackstone, which owns Motel 6’s parent company G6 Hospitality, announced Friday that the deal would be an all-cash transaction worth $525 million.

Motel 6 has a new owner, Indian hotel operator Oravel Stays, Oyo company purchased for $525 million →

The firm was condemned by United Nations experts in 2019 who said Blackstone's financial model was responsible for a “financialization of housing” that has driven up rents and home costs, “pushing low-income, and increasingly middle-income people from their homes.”

Sen. Kyrsten Sinema took Wall Street money while killing tax on investors →