WebDec 2, 2024 · Dec 2, 2024 at 11:15 am ET Blackstone Continues Slide on BREIT Redemption Move By Miriam Gottfried Share Shares of Blackstone are down another 3.7% after closing down 7% Thursday in one of the... WebApr 3, 2024 · BREIT is a non-listed REIT that invests primarily in stabilized income-generating commercial real estate investments across asset classes in the United States and, to a lesser extent, real estate debt investments, with a focus on current income. We invest to a lesser extent in countries outside of the U.S.
Blackstone Limiting Withdrawals From REIT
WebDec 1, 2024 · BREIT had nearly $145 billion in total assets as of Sept. 30. Investors can redeem up to 5% of their holdings in a quarter, at which point Blackstone can limit … WebDec 8, 2024 · Blackstone has taken heat over the past week for limiting withdrawals from the $69 billion private REIT, the Blackstone Real Estate Income Trust, or BREIT. That move followed redemption requests ... ethernetberry dual etherberry
Blackstone limits withdrawals at $125bn property fund as …
Web2 days ago · As BREIT has policies in place allowing the fund to raise redemption gates once monthly redemptions hit 2% of its net asset value (with a quarterly threshold for redemptions set at 5% of NAV), the ... WebDec 2, 2024 · Blackstone Inc (BX.N) limited withdrawals from its $69 billion unlisted real estate income trust (REIT) on Thursday after a surge in redemption requests, an unprecedented blow to a franchise that... WebDec 2, 2024 · Blackstone Real Estate Income Trust Inc., more commonly known as BREIT, said Thursday in a letter posted to its website that the amount of withdrawals requested … firehouse clinic jamaica ny