Greenbrier Companies Inc
Change company Symbol lookup
Select an option...
GBX Greenbrier Companies Inc
FCX Freeport-McMoRan Inc
TRKA Troika Media Group Inc
SXTC China SXT Pharmaceuticals Inc
NLTX Neoleukin Therapeutics Inc
BTBT Bit Digital Inc
BTB Bit Brother Ltd
AHI Advanced Human Imaging Ltd
ADTH AdTheorent Holding Company Inc
SOXL Direxion Daily Semiconductor Bull 3X Shares
Go

Industrials : Machinery | Small Cap Value
Company profile

The Greenbrier Companies, Inc. is a designer, manufacturer and marketer of railroad freight car equipment in North America, Europe and South America. The Company is a provider of freight railcar wheel services, parts, repair and refurbishment in North America. It also offers railcar management, regulatory compliance services and leasing services to railcar owners or other users of railcars in North America. The Company operates through three segments: Manufacturing; Wheels, Repairs & Parts, and Leasing & Services. The Manufacturing segment produces double-stack intermodal railcars, tank cars, conventional railcars, automotive railcar products and marine vessels. The Wheels, Repair & Parts segment performs wheel and axle servicing; railcar repair, refurbishment and maintenance; as well as production of a variety of parts for the rail industry in North America. The Leasing & Services segment operates leasing business and provides management services.

Price
Delayed
$31.44
Day's Change
0.62 (2.01%)
Bid
--
Ask
--
B/A Size
--
Day's High
31.62
Day's Low
31.00
Volume
(Light)

Today's volume of 55,504 shares is on pace to be much lighter than GBX's 10-day average volume of 452,826 shares.

55,504

Blackstone Real Estate Income Trust Completes $3.7 Billion Acquisition of Resource REIT

10:02 am ET May 19, 2022 (BusinessWire) Print

Blackstone (NYSE: BX) today announced that Blackstone Real Estate Income Trust, Inc. ("BREIT") has completed its previously announced acquisition of all of the outstanding shares of common stock of Resource REIT, Inc. (the "REIT") for $14.75 per share in an all-cash transaction valued at $3.7 billion, including the assumption of the REIT's debt.

Lazard Freres & Co. LLC acted as exclusive financial advisor to the REIT and DLA Piper LLP (US) acted as legal counsel. BofA Securities, BMO Capital Markets Corp., Eastdil Secured Advisors LLC and RBC Capital Markets LLC acted as financial advisors to BREIT and Simpson Thacher & Bartlett LLP acted as legal counsel.

The transaction was announced on January 24, 2022.

About Resource REIT, Inc. Resource REIT, Inc. (the "REIT" or the "Company") is a self-managed real estate investment trust that owns a diverse portfolio of suburban apartment communities in targeted markets across the United States. The REIT owns 42 multifamily properties across 13 states as of March 31, 2022.

About Blackstone Real Estate Income Trust, Inc. Blackstone Real Estate Income Trust, Inc. ("BREIT") is a perpetual-life, institutional quality real estate investment platform that brings private real estate to income focused investors. BREIT invests primarily in stabilized, income-generating U.S. commercial real estate across key property types and to a lesser extent in real estate debt investments. BREIT is externally managed by a subsidiary of Blackstone (NYSE: BX), a global leader in real estate investing. Blackstone's real estate business was founded in 1991 and has approximately $298 billion in investor capital under management. Further information is available at www.breit.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220519005684/en/

SOURCE: Blackstone

Resource REIT Contact 
Resource Investor Relations
(866) 469-0129
Resourceoperations@resourcereit.com

Blackstone Media Contact 
Jeffrey Kauth
(212) 583-5395
Jeffrey.Kauth@Blackstone.com
comtex tracking

COMTEX_407456945/1006/2022-05-19T10:02:00

Earnings Calendar and Events Data provided by |Terms of Use| © 2022 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., ,, and

Copyright © 2022. All rights reserved.