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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.