Blackstone (BX) begins what's likely to be a number of real estate monetizations by the firm,...

|About: The Blackstone Group L.P. (BX)|By:, SA News Editor

Blackstone (BX) begins what's likely to be a number of real estate monetizations by the firm, filing for an IPO of Brixmor Property Group - the country's 2nd largest shopping-center landlord. The move isn't a surprise given the rally in property values and the May hiring of Kimco's (KIM) Mike Pappagallo as CFO.