John Gittelsohn

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Blackstone, KKR Mortgage REITs Stung By Office Debt Challenges

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Higher interest rates and weak demand have driven down property values for offices.

Billions In L.A. Real Estate Fueled Brothers' Epic Court Fight

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Five brothers from India are battling over a multibillion-dollar fortune.

Blackstone's $60B Property Trust Hits Key Milestone As Investor Nerves Calm

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The real estate trust for wealthy individuals is finally letting customers draw money without any constraints.

Blackstone's BREIT Posts Worst Yearly Performance In Its History

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The real estate trust for wealthy investors notched a 0.5% loss in 2023.

Blackstone's $66 Billion Real Estate Trust Limits Redemptions For 12th Month

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Blackstone Inc.’s $66 billion real estate trust limited investor redemptions for a 12th straight month in October. Blackstone Real Estate Income Trust’s investors sought to pull $2...

Blackstone's $66 Billion Real Estate Trust Limits Redemptions For 12th Month

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Blackstone Real Estate Income Trust's investors sought to pull $2.2 billion last month, compared with $2.1 billion in September.

Blackstone Names Harper BREIT President While Agarwal Goes On Leave

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BREIT's growth streak has come under pressure in recent months.

Only 16% Of Californians Can Afford To Buy A Home

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Buyers in the state need $208,000 income to qualify for a 30-year loan.

Office Demand Shows Signs Of ‘Meaningful Improvement'

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Leasing gains have been a hopeful sign for a sector that's been battered in recent years.

Distressed U.S. Commercial Property Assets Swell To $64 Billion

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Higher borrowing costs have pummeled the commercial real estate industry, causing some owners to choose to default.

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