John Gittelsohn

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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.

Guggenheim To Keep Chicago Offices Shut As Workers Relocate

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It's the latest blow to a city reeling from the high-profile exit of Ken Griffin's Citadel.

Blackstone's BREIT Saw $4.5 Billion Of Withdrawal Requests

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The real estate industry has come under pressure as investors seek to reduce their exposure.

Two Office Landlords Defaulting May Be Just The Beginning

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With at least $92 billion of office mortgages maturing this year, landlords are under increasing pressure.

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