Risk
Pummeled Blackstone Real Estate Unit Seems Poised for a Revival
As redemptions dwindle, BREIT makes acquisitions and banks on falling rates.
As redemptions dwindle, BREIT makes acquisitions and banks on falling rates.
Private equity firm reports that redemptions for the REIT are down 29% from their peak in January.
Investment from $152 billion manager comes one month after BREIT had a run on withdrawals.