{"id":263673,"date":"2023-01-30T21:33:14","date_gmt":"2023-01-31T02:33:14","guid":{"rendered":"https:\/\/qa.bluevaultpartners.com\/?post_type=news&p=263673"},"modified":"2023-01-30T21:33:14","modified_gmt":"2023-01-31T02:33:14","slug":"blackstone-outlines-plans-for-real-estate-investment-in-turbulent-market","status":"publish","type":"post","link":"https:\/\/qa.bluevaultpartners.com\/blackstone-outlines-plans-for-real-estate-investment-in-turbulent-market\/","title":{"rendered":"Blackstone Outlines Plans For Real Estate Investment In Turbulent Market"},"content":{"rendered":"
January 26, 2023 | Bianca Barragan | Bisnow<\/p>\n
On the heels of Blackstone\u2019s Wednesday announcement that the University of California system would invest an additional $500M in Blackstone Real Estate Income Trust on top of the $4B it committed to earlier this month, Blackstone pulled back the curtain on its plans for the coming year.<\/p>\n
Life sciences, real estate debt and green energy funds are expected to lead Blackstone\u2019s capital raising efforts in 2023, executives shared on a fourth-quarter earnings call. <\/p>\n
\u201cWe had a $150B target that we’ve been talking about now for more than a year,\u201d Blackstone President and Chief Operating Officer Jon Gray said on the call. The company has raised about $100B so far.<\/p>\n