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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