The Firm is representing Blackstone Real Estate Income Trust in connection with its acquisition of Resource REIT, Inc. in an all-cash transaction valued at $3.7 billion. The transaction is expected to close in the second quarter of 2022, subject to customary closing conditions, including the approval of Resource REIT’s common stockholders.~~Resource REIT is a publicly registered non-traded REIT with a portfolio of multi-family, garden-style assets comprised of 42 apartment communities totaling more than 12,600 units. The assets span 13 states, including Arizona, Colorado, Georgia and Texas.~~The Firm has represented Blackstone in five multi-billion dollar take private transactions during the past ten months.~~The Simpson Thacher team includes Brian Stadler, Matt Rogers and Louis Argentieri (M&A); Erik Quarfordt, Rachel Stein, David Rosenberg, Gianna Ceophas and Kristen Lucas (Real Estate); Nancy Mehlman and Ruoxi Zhang (Tax); Andrew Blau and Ryan Stott (Executive Compensation and Employee Benefits); Timothy Mulvihill and Noreen Lavan (Environmental); and Melanie Jolson (Intellectual Property).