Blackstone Real Estate Income Trust (BREIT), already has an 11 percent ownership stake in Tricon Residential following a $240 million equity purchase in 2020.

Brookfield REIT showed a wider negative return of 6.7%, which a review of its results show is its first annual loss since its start in 2019.

“Ken is a remarkable leader who I have loved partnering with. We look forward to his continued impact on our business as Co-CIO of the firm. Nadeem is the perfect leader to succeed Ken, given his tremendous investment acumen and operational experience."

BCRED is the largest, with $51.7 billion in assets at 3Q23, followed by Blue Owl Credit Income Corp. and HPS Corporate Lending...

“The industry is well positioned to meet redemptions up to the 5% quarterly cap with sufficient liquidity sleeves on the balance sheets to fund redemptions."

BREIT reported that its received $1.8B in redemption requests in November, an 18% drop from the previous month and a 66% decline from January, when the withdrawal requests peaked.

The question we ask is, “If a nontraded REIT can only significantly shift its sector allocations by growing its assets or selling and reinvesting proceeds from sales, how flexible can it be in re-allocating to anticipated out-performing sectors?”

The contrast between capital raised by nontraded REITs in the first quarter of 2023 and the second quarter of the year is marked significantly by the injection of capital by the University of California Board of Regents...

MacKenzie Capital Management is offering shareholders of Blackstone Real Estate Income Trust $9.27 per share, which the company says represents a 38% discount to BREIT's estimated net asset value of $14.88 per share...