No wonder Blackstone investors want their cash out of Blackstone’s REIF
Blackstone has sold two office towers in Santa Ana for 36 percent less than they paid nearly a decade ago.
I suspect that we haven’t seen anything yet!
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This can be very profitable.
A tax write off is better than sitting on it.
The company buying the property for a lot less money will do well in all likelihood.
I agree but would phrase it as this is the beginning of an industrial shift in ownership.
Not for Blackstone it isn’t!
Blackstone alone is not the US economy. I am not Blackstone.