Blackstone- Page 3 of 28

Blackstone

November 6, 2023

An Interval Fund’s Portfolio Flexibility vs. a Nontraded REIT

The question we ask is, “If a nontraded REIT can only significantly shift its sector allocations by growing its assets or selling and reinvesting proceeds from sales, how flexible can it be in re-allocating to anticipated out-performing sectors?”

November 1, 2023

The Trends in NTR Capital Raise from Q1 2023 to Q2 2023

The contrast between capital raised by nontraded REITs in the first quarter of 2023 and the second quarter of the year is marked significantly by the injection of capital by the University of California Board of Regents...

October 26, 2023

MacKenzie Capital Announces Tender Offer To BREIT Investors At 38% Discount

MacKenzie Capital Management is offering shareholders of Blackstone Real Estate Income Trust $9.27 per share, which the company says represents a 38% discount to BREIT's estimated net asset value of $14.88 per share...

October 25, 2023

Blackstone moves China PE head to oversee Asia wealth unit

Huang will help “augment the growth of what we believe is a tremendous opportunity in private wealth across Asia”, said Joan Solotar, Blackstone’s head of global private wealth solutions.

October 25, 2023

Blackstone pumps $137M into Chicago Industrial

Meanwhile, Industrial continues to perform well in the Windy City and nationally, as the sector seems to be less swayed by the challenges facing office and retail.

October 18, 2023

Blackstone REIT’s Share Redemptions Story Far From Over

One of the hottest topics in the nontraded REIT space, beginning in November 2022, has been the share redemption requests submitted by the shareholders of Blackstone Real Estate Income Trust (“BREIT”) and the REIT’s capping of repurchases at 2% of aggregate NAV per month and 5% per quarter...

October 2, 2023

BREIT Fulfills 29% Of Withdrawals As Redemption Requests Fall Again

BREIT received $2.1B in repurchase requests in September, down 28% from August and the fifth consecutive monthly decline in requests.

September 11, 2023

Visualizing Blackstone REIT’s Recent Capital Raise History

Beginning in the fourth quarter of 2022, common stock redemptions by several continuously offered nontraded REIT programs became a major news item for the nontraded REIT industry. Blackstone Real Estate Income Trust, as the largest of the active nontraded REITs with total assets of $138 billion as of June 30, 2023, garnered the most news…