Blackstone Doubles Down - S. Florida Business & Wealth
Main Navigation
Sections
Social Media Connect
Our Other Brands
  • Lifestyle Media Group Logo
South Florida Business and Wealth
South Florida Business & Wealth
Entrepreneurs & Business Strategy

Blackstone Doubles Down

| Drew Limsky

The Palm Beach County Food Bank has moved to a new location, with the help of a $500,000 donation from part-time Palm Beach residents Stephen and Christine Schwarzman. The gift closed out the organization’s $3 million “Grow with Us” capital campaign, which supports the Palm Beach County nonprofit’s move into the new warehouse and distribution facility. “The COVID crisis has put a greater spotlight on the issue of food insecurity across the country and I’m pleased that this gift will help Jim Greco [interim CEO of the Palm Beach County Food Bank] and his team double its capacity to support local families in need,” says Schwarzman, the chairman, CEO and co-founder of The Blackstone Group. After announcing plans last fall to open a Blackstone office in Miami with more than 200 workers, Schwarzman is reinforcing his commitment to South Florida with this philanthropic pledge.

You May Also Like
A smiling professional woman sits at a desk with an older couple, discussing paperwork. Documents labelled "Medicaid," "Long-Term Care," and "VA Benefits" are on the table. A marina is visible through the large window behind them. South Florida Business & Wealth
Two men wearing hard hats and CSCI-branded shirts smile and walk at a sunny construction site, with piles of dirt, trees, and a building visible in the background. South Florida Business & Wealth
A modern, multi-story building with large glass windows, rooftop greenery, and palm trees at sunset. The lower level features shops facing a street with cars and lush surrounding trees. South Florida Business & Wealth
Modern glass office building with palm trees in front, people walking nearby, and a decorative green sculpture at the entrance, under a clear blue and pink sky at sunset. South Florida Business & Wealth
More Entrepreneurs & Business Strategy Posts
Capital Flows to the Flagler Waterfront
 |  SFBW Staff

$145 million refinancing of Esperanté underscores investor confidence in West Palm Beach’s fast-growing financial corridor.

Read More
A tall, white, multi-story office building with a unique rooftop, surrounded by palm trees and smaller buildings, set against a blue sky with scattered clouds. South Florida Business & Wealth
$84M Bridge Loan Advances Astor Park in Flagler Village
 |  SFBW Staff

Berkadia secures construction financing as Midtown Capital positions its 252-unit luxury community for a mid-2026 delivery in one of Fort Lauderdale’s strongest rental submarkets.

Read More
A modern apartment complex with two tall buildings, large balconies, and a rooftop pool, located at a busy intersection at dusk. The sign reads "Astor Park Flagler Village." Palm trees and city lights are visible. South Florida Business & Wealth
Zuckerberg’s Billionaire Bunker Buy
 |  SFBW Staff

The Meta founder joins South Florida’s most rarefied enclave with a reported $150–$200 million Indian Creek Island estate.

Read More
Aerial view of a green golf course on an island surrounded by blue water, with trees, sand traps, and several buildings, set against a city skyline in the background under a partly cloudy sky. South Florida Business & Wealth
Back on the Retail Court
 |  SFBW Staff

Raanan Katz drops $36 million on a Fort Lauderdale shopping center as Broward’s retail market holds firm.

Read More
A grayscale image of an older man in a polo shirt is in the foreground, with large, aerial views of a shopping mall and its parking lot in the background. The mall roofs are highlighted in yellow. South Florida Business & Wealth
Other Posts
Boca Raton’s Glass House Advances With $70M Financing
 |  SFBW Staff

Maxim Capital loan positions the nine-story luxury condominium for vertical construction and a projected 2027 completion

Read More
Modern, minimalist lobby with curved, wave-like ceiling and wall design, light wood and white furniture, abstract blue artwork, large windows, and a view of palm trees outside. South Florida Business & Wealth
Transit-Oriented Living Arrives in Boca
 |  SFBW Staff

Link at Boca breaks ground near the Tri-Rail station, adding 340 apartments, retail, and new density to one of Palm Beach County’s fastest-evolving corridors.

Read More
A group of people in business attire and hard hats stand in front of a construction site banner, holding shovels and posing for a groundbreaking ceremony on a sunny day. South Florida Business & Wealth
Related Ross Expands Its Palm Beach Waterfront Portfolio
 |  SFBW Staff

Edgeworth follows strong sales at South Flagler House as West Palm Beach’s corporate growth drives demand for high-end housing.

Read More
Two modern high-rise buildings with curved balconies, viewed from below against a blue sky. Palm trees frame the scene, adding a tropical atmosphere. South Florida Business & Wealth
A Block-Scale Bet on North Beach
 |  SFBW Staff

Witkoff’s Miami Beach project combines boutique density, public investment, and mixed-use design in a model built for long-term value

Read More
Two modern, glass high-rise buildings stand near a sandy beach lined with palm trees, with the ocean stretching out to the horizon under a clear sky at sunrise or sunset. South Florida Business & Wealth