/biz/ - Business & Finance

Anonymous Mon Apr 3 17:11:57 2023 No.54448805 [View]
File: 28 KB, 459x612, Motivated CRE seller.jpg [View same] [iqdb] [saucenao] [google]

>Blackstone (NYSE:BX) Real Estate Investment Trust, known as BREIT, received redemption requests for $4.5B last month, marking the fifth straight month that it has limited redemptions.

>The amount increased from the $3.9B requested in February. BREIT, which isn't publicly traded, only allowed $666M to be withdrawn, or ~15% of the requested amount, Bloomberg reported Monday, citing a letter to investors.

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