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Blackstone Real Estate Fund Facing Substantial Redemption Requests

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Blackstone, Los Angeles, Apartment Income REIT Corp., BofA Securities, Barclays, Goldman Sachs & Co. LLC, Wells Fargo
Courtesy of Blackstone
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By The Registry Staff Blackstone's retail real estate fund, valued at $69 billion, experienced a seventh consecutive month of limited investor withdrawals in May, as it faced substantial redemption requests. The fund, known as the Blackstone Real Estate Income Trust or BREIT, disclosed that it received $4.4 billion in redemption requests during May, according to […]

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