How many properties did Blackstone Real Estate Income Trust acquire in the first quarter of 2020, and how does that compare to the rest of the nontraded REIT industry?
Answer: Blackstone acquired 104 properties in the first quarter for a total purchase price of approximately $2.7 billion. This accounts for 52% of the industry’s total purchases of $5.2 billion. Starwood Real Estate Income Trust purchased 21 properties for $1.5 billion.Go Back
Blue Vault is just what advisors need to size up the different offerings in the nontraded REIT market. Just as importantly, it’s what the industry needs to encourage best practices among REITs.