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May 7, 2024 · No one I spoke with believes that Blackstone set out to build a house of cards. Rather, they say, BREIT was a victim of its own success.
May 10, 2024 · Blackstone Inc. created BREIT in 2017 to allow regular investors to invest in its real estate. The company called it a strategy to build long-term wealth across market cycles. It grew quickly by ...
May 7, 2024 · The Lede. In 2017, Blackstone — the world's largest private-equity firm, which usually caters to big institutions and the very wealthy — decided to give ordinary investors an opportunity to get in on the firm's magic. It created BREIT, a private fund that buys commercial real estate like warehouses and apartment buildings, and marketed it ...
May 10, 2024 · Bethany McLean Insider May 10, 2024. Business Wire. Blackstone's real-estate fund, BREIT, boasts assets of $114 billion. But is it a house of cards? Read Full Article ».
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1 hour ago · Invitation Homes, which was once owned by private equity firm Blackstone and owned the most homes in the state at approximately 12,000 houses as of December − according to the company's filings ...
Jan 31, 2024 · In June 2021, Blackstone Real Estate Income Trust was ready to jump back into the single-family space with its $6 billion purchase of Home Partners of America, which at the time owned 17,000 U.S ...
May 9, 2024 · But behind the glitter, questions loom—has Blackstone built a $114 billion house of cards? Back in 2017, when interest rates were lounging around the zero mark, Blackstone rolled out BREIT, enticing with a promise of a sturdy 4% annual dividend. It was an offer hard to refuse, and refuse we did not. The fund grew monstrously, ballooning to ...
