/biz/ - Business & Finance

>>53910975
It's not a default, since suspending withdrawals is contractually permitted for these funds.
Not that that's much comfort to the people who bought, but real estate is an illiquid asset, and a fund is liquid. Whenever people try to sell a lot, something breaks.

>>53910994
>>53910975
Nevermind, they did actually default.

blackstone, blackrock, make up your fucking mind already...what? buying up all the real estate at peak to suck the wagies dry? what could go wrong....that thar is genus strategy

>>53910975
Nothing

Ever

Happens

Simple

As

>zero hedge dot com

>>53911021
They’re two different companies and black Stone is the much less significant one

Oh no no no houseniggerlandlordbros this can’t be happening

a fortnight

It needs to be noted that cmbs stands for commercial mortgage backed securities. The action that Blackstone is taking here is because people don't want to return to office buildings.

>>53911086
makes sense but if you think one step further, bankrupt offices may be refurbished into rental property which puts sell pressure on regular property demand as well

>>53910975
https://www.youtube.com/watch?v=xNRaDavYo1M

>>53911036
Probably the most trustworthy source out there.... unless, you can provide something better?

>>53911028
in this case, there is nobody with the authority to go collect from blackstone, they are one of the many clutches that the government uses to prep interest rates lower

Uhhh hoomer sisters? I thought they wuz gonna prop up my hoom forever? R-rentcels will be priced out for ever r-righ?

>>53911145
they're not a source tho
they're a news aggregator
the articles are from other websites

>>53911167
did you even read the article retard? It already happened.

>>53911099
Yeah I suppose a lot of pods could be built into an office building.

I'm having trouble, because i can't visualize the ridiculous amount of money is lost, it's like it's not even real. Maybe most likely nothing will happen immediately but long term what could happen? Really curious

>>53911295
When stocks go down, it's shit, but not that much is levered off them. When bonds go down, and people treat them as money, then money disappears. When money disappears, the one to whom it was owed might default too, because he thought he had money that, it turns out, he doesn't have. And then maybe that guy owes money to someone else, and he takes hit, and so on.

>>53910975
Skullbro? What are you doing over here?
Blackstone defaults after buying Mormon DNA?
Danites about to get rekt? I always assumed all the recent euthanasia talks are just a way to break the ice for when normies find out Covid/Vaxx was a mass execution scam to lock people down for mail in voting
CAP: ASX DND
Dungeons and Dragons = LARP

Luncsisters, it’s fucking over

>>53911047
>They’re two different companies
KEK imagine believing this. Blackstone is the shell company that does the stuff blackrock wants to do but doesnt want the bad publicity from

>>53910994
>>53911005
Had to put your glasses on lol.

>>53910975
This is bulling

bullish

>>53910975
>zerohedge

>>53910975
>>53911005
Oh shit, WTF!

Uh house bros...?

>>53910975
So what does this mean for the commoners?

>>53912043
https://finance.yahoo.com/news/blackstone-defaults-531-million-nordic-140209893.html
Here is yahoo news.

>zerohedge
I sleep.

>>53912215
>yahoo

>>53910975
Pay up goyim. Too Jewish to fall

>>53910975
AYYYYY

>>53912397
Stephen A. Schwarzman is the CEO of Blackstone

>>53910975
PLEASE NO SIRS! DO NOT REDEEM!! REDEEMI IS ANTI-SEMETIC

>>53912215
Yahoo is fake news

>>53911036
>>53911145
>>53911180

It's an obvious Project Mocking IRD front run, undoubtedly at this point, by CIA and/or NSA.

If you've read the site since 2017, their shift of opinion on crypto (hate to uptake), timing of opinions, and constant batshit alt-right stories timed throughout the week (MyPillow guy shit, etc) makes it clear.

Their daily rundowns on stocks and actual event/data driven news is worth reading but sifting through those "articles" amongst the COINTEL "articles" is worse than reading /pol/.

Tl;Dr - can't afford Bloomberg Terminal.

>>53912435

Project Mockingbird*. I swear GBoard autofucks words they don't like the goyim knowing about.

>>53912412
where's bronze age hebrew and his crew?

>>53911047
>black Stone is the much less significant one
True but they are far from insignificant

>>53911145
They have predicted the Apocalypse every day for the last eight years straight. It's a doom porn fantasy page and sharing their articles is an IQ filter.

DO NOT REDEEEEM THE HOMES

>>53912412
literally the hunter biden laptop

>>53910994
>It's not a default, since suspending withdrawals is contractually permitted for these funds.
cope

>>53910975
lmao, how are they allowed to default on this while holding that much other assets? also not allowing the investors to withdraw? that seems a bit jewish? oh right, nvm, it is

>>53910994
Nothing ever happe-
>>53911005
Oh fuck

>>53912152
>So what does this mean for the commoners?
if your money is in stocks then you're fucked.

>>53910975
another reteard that doesn't understand what he is talking about.

>>53911036
>>53912043
>>53912566
1pbtid CNN cucks seething.

The value of places like zerohedge is that they will report on facts that don't hit headlines elsewhere. If you aren't a moron you can decide for yourself what the significance of those facts is.

I routinely get news from zerohedge, RT, Moscow Times, CNBC, BNN, CBC, BBC, and Aljazeera, and less commonly from other outlets. Personally I have never once seen zerohedge report false facts; the analysis is often garbage and the language is always inflammatory / melodramatic, but I don't read NEWS for OPINION.

>>53910975
fuck you red skull you larping faggot i hate you kys yourself stay off this board. and take your fucking meds.

>>53911047
cope

>>53910975
Blackstone isn't filing for bankruptcy. One of their investments will, but that hardly affects the rest of the company.
This is how private equity works, you use debt to purchase a company, and then the company has to pay the debt back. If the company goes under you lose your small amount of equity you put in, if it does well then you make huge returns because the transaction is highly leveraged. This is just one of those companies they bought at very low risk going under.

>>53913282
Blackstone defaulted.

>>53913188
>The value of places like zerohedge is that they will report on facts that don't hit headlines elsewhere. If you aren't a moron you can decide for yourself what the significance of those facts is.
So since the significance of these facts is immaterial, and their predictions are wrong 100% of the time, what is the collective value of these facts and the analysis they provide? I'll give you a hint
>0 + 0 + 0 + 0 + 0 + 0 = ?

> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN
> NOTHING WILL HAPPEN
NOTHING WILL HAPPEN

>>53910975

post aladdin screenshots

>>53910975
>$562M bond backed by Finnish CMBS
How the fuck is there even enough commercial real estate lending in Finland for that to exist?

>>53913532
> NOTHING WILL HAPPEN
ok anon, le financial system will not collapse. You think things will get better though? Cheaper? less taxes in future?

>>53913753
>Cheaper? less taxes in future?
things have been cheap enough, tax rates have been low long enough. can't just suck a tit for decades without it going dry.

>>53913855
exactly anon. Although I think it's cyclical myself. Good times (low taxes, cheap finance) followed by hard times (high taxes, high interest). I don't think the system is going to collapse. But as history has always shown your dollars today are worth less and less tomorrow. Even if the markets correct themselves, what we earn and what we spend will always be worse than it was for previous generations. I do think things are about to get a lot worse. It's just the tip of the iceberg now. But life goes on. The fed still presses print on the great money printer. Nothing is collapsing.

there was a shit-tonne of OI on 3/17 puts compared to 3/10 puts (e.g. 9k vs 400) - i couldn't help pick up a few

Its still good. Invest your money in there.

>>53913991
https://www.trendfollowing.com/pdfs/500.pdf

>>53910975
AIEEEEEEEEE MY ZESTIMATE

>>53910994
hmm, ok so everythin-
>>53911005
oh fuck WHAT?

>>53910975
https://www.youtube.com/watch?v=PYn6tHF9M5Q&ab_channel=Montlygon
It's happening!

>thread gets swarmed by deflectors
kind of fascinating that (((they)) deploy shills on this board
most likely the same ones that constantly talk up housing prices and how great waging in the cagie is

>>53913622
That is the crazy part, it is Finland CMBS. I would assume that re market is much better off than nyc, la or sf. So this is probably the tip of the iceberg.

>>53910994
It hasn't even beg-
>>53911005
It's happening