Weil advised Blackstone in its $200 million minority investment in Entrata, a leading operating system for multifamily communities, at a $4.3 billion valuation. This investment comes as Entrata is moving forward on its next chapter of growth, serving the rental housing industry through innovative technology that streamlines operations for property managers and elevates the living experience for millions of residents.

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s nearly $1.2 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds.

The Weil team was led by U.S. Private Equity Co-Head Kyle Krpata and included U.S. Private Equity Co-Head Christopher Machera and Private Equity associates Nicole Chen, Michelle Luo and Austin Peng; Tax partner Noah Beck and associate Kyle Jackson; Executive Compensation and Benefits partner Amanda Rotkel and associate Amanda Nowak; U.S. Privacy & Cybersecurity Head Olivia Greer; Public Company Advisory Group associate Allie Williams (Not Yet Admitted in New York); Technology & IP Transactions partner Dennis Adams and associate Amy Montoya; Regulatory Transactions partner Timothy Welch and associate Sisi Liu; U.S. Antitrust Co-Head Brianne Kucerik, Antitrust partner Jeff White, Antitrust counsel Michael Naughton and Marie de Fays and Antitrust associates Kathryn Graham and Meghana Appalaraju; Complex Commercial Litigation Co-Head David Singh and associates Shireen Leung and Nicole Zelada; Employment partner Rebecca Sivitz and associate Matt Gang and Environmental, Social and Governance partner Rebecca Grapsas.