Blackstone Real Estate Opportunity Funds Face Valuation Writedown Amid Higher Rates
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According to reporting from Bisnow, Blackstone's opportunistic real estate vehicles saw values slip 3.2% in the third quarter as persistent interest rate pressure delayed a broader market recovery. While older funds struggled with these headwinds, the firm’s recent global and Eur
According to reporting from Bisnow, Blackstone's opportunistic real estate vehicles saw values slip 3.2% in the third quarter as persistent interest rate pressure delayed a broader market recovery. While older funds struggled with these headwinds, the firm’s recent global and Eur