Blackstone Eyes Record $30B for Latest Real Estate Fund

Blackstone’s Stephen Schwarzman (Getty)

Blackstone says it’s close to finalizing one of the largest real estate investment funds in history.

The investment giant has raised $24.1 billion in the last three months for its latest opportunistic real estate fund, known as Blackstone Real Estate Partners X, it said in a

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Blackstone Eyes Hospitality-Linked Real Estate As Travel Spikes

  • Blackstone President Jon Gray wants to increase exposure to hospitality-linked real estate.
  • Blackstone “de-emphasized” properties related to leisure. It’s currently 7% of the firm’s portfolio.
  • Vaccinated passengers are returning to the skies after last year’s shelter-in-place orders.

Blackstone’s President and Chief Operating Officer Jonathan Gray is confident folks will return

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