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POLL: BLACKSTONE is preparing a record $50 BILLION vehicle to scoop up real estate bargains DURING THE DOWNTURN
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 77898421:MV81MjAxNDQ4Xzk1NjcyMzkwXzQ1OUE0NzhE] [quote:Mr Cheese:MV81MjAxNDQ4Xzk1NjY5ODU0Xzg3NjhEQzg=] Blackstone is preparing for a real estate crash and most of this forum thinks I'm crazy that I think crypto will crash again. Like... :comeonman: If real estate crashes... everything crashes. The same people prop up every market at the same time and crash them all at the same time. It's a game as old as time. [/quote] Crypto wiped out because all the margin accounts got called. They're gone. Now it just sits there for a year or more before it starts going back up. [/quote]
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BLACKSTONE is preparing a record $50 BILLION vehicle to scoop up real estate bargains DURING THE DOWNTURN
Blackstone said that it has secured $24.1 billion of commitments for its latest real estate fund called Blackstone Real Estate Partners X. Combined with Blackstone’s real estate funds in Asia and Europe, the company will have over $50 billion available for opportunistic investments.
In the event of a market downturn, Blackstone will have plenty of capital to scoop up some attractive real estate bargains.
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