Story perspectives
Blackstone Closes $8 Billion Real Estate Debt Fund, Ties Record
3/7/2025
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Story summary
- Blackstone successfully closed an $8 billion commercial real estate debt fund, tying a record for this investment type.
- This fund indicates a positive shift in the property market.
- It took two years to raise the fund, which will focus on North America, Europe, and Australia.
- Blackstone had previously raised a similar $8 billion debt fund in September 2020.
