Traders are investors are watching for Blackstone's Q3 earnings report. Before the report, BREIT posted modest September gains but missed the Q3 fee threshold, raising concerns from analysts. On the ...
Blackstone Real Estate Income Trust named Chief Operating Officer Wesley LePatner as its next CEO, effective Jan. 1. She will step into the role following the retirement of Frank Cohen, who has worked ...
Blackstone Inc. created BREIT in 2017 to allow regular investors to invest in its real estate. The company called it a strategy to build long-term wealth across market cycles. It grew quickly by ...
Frank Cohen is stepping down as CEO of Blackstone Real Estate Income Trust (BREIT), Blackstone’s largest real estate fund, and plans to retire at the end of the year after nearly 30 years at the ...
Blackstone's (NYSE:BX) non-publicly traded real estate trust, Blackstone Real Estate Investment Trust ("BREIT"), fulfilled 100% of repurchase requests for February, March, and April of this year and ...
Wall Street has been debating how the investment giant’s $59 billion real estate fund has managed to outperform virtually all its rivals. By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler ...
Non-traded REITs' NAVs are inflated due to appraisal lag and the 'mark to magic' issue we have discussed in the past. BREIT's NAV remains aggressive, with a 33% overvaluation compared to public REITs ...
Blackstone Inc. named Katie Keenan as chief executive officer of its massive real estate investment trust for individuals, tapping a 13-year firm veteran after BREIT’s leader was killed in a shooting.
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