WebDec 2, 2024 · Blackstone will limit investor withdrawals from its $125bn real estate investment fund following a spike in redemption requests, according to the New York-based firm, following an announcement that it will sell its stake in two Las Vegas properties. WebDec 1, 2024 · NEW YORK (Reuters) - Blackstone Inc limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to...
Blackstone to limit BREIT withdrawals as investor redemptions rise
WebDec 1, 2024 · Blackstone Real Estate Income Trust Inc. has been facing withdrawal requests exceeding its quarterly limit, a major test for the one of the private equity firm’s most ambitious efforts to reach individual investors. The news, in a letter Thursday, sent Blackstone stock falling as much as 10%, the biggest drop since March. WebApr 3, 2024 · Blackstone has been exercising its right to block investor withdrawals from BREIT since November last year after requests exceeded a preset 5% of the net asset value of the fund. BREIT fulfilled withdrawal requests of $666 million in March, representing only 15% of the $4.5 billion in total redemption requests for the month, the firm said in a ... current case involving a medication error
Blackstone blocked investor withdrawals from $71 …
WebDec 6, 2024 · Blackstone is doing just fine and so is its REIT. It is not limiting redemptions because of poor performance. Here are some of the highlights of BREIT's performance so far this year: Its net... WebApr 3, 2024 · NEW YORK, April 3 (Reuters) - Blackstone Inc (BX.N) said on Monday it had again blocked withdrawals from its $70 billion real estate income trust in March as the … Web👀US auto sales rise 7.5% in Q1 even at 7% car loan interest rate👀 THE GIST Blackstone Inc (BX.N) said on Monday it had again blocked withdrawals from its $70… Subodh Warekar on LinkedIn: Blackstone REIT limits investor redemptions again in March current cases of covid in maharashtra