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Criticism of Blackstone mortgage REIT shows ‘froth’ draining from market
Financial advisors often recommend REITs as a way to generate income in retirement.
Nontraded REIT sales tank in 2023
'Ironically, I think the redemption issue is the best thing ever happen to nontraded REIT space,' says Kevin Gannon of Stanger.
Here’s why the real estate market is too shaky even for spiffed-up REITs
At least one critic of the newfangled REITs is not convinced they can weather the storm in commercial real estate.
Blackstone’s BREIT sees $4.5 billion of withdrawal requests in March
The real estate trust, which has limited redemptions for a fifth straight month, had already hit 2% monthly limits in January and February.
Investors keep dumping Blackstone REIT shares
But investors looked to redeem fewer BREIT shares in February than in January, potentially a positive sign for the company.
Blackstone’s BREIT hit monthly redemption limit in January
Blackstone Real Estate Income Trust told investors that it fulfilled repurchase requests for 2% of its net asset value.
Is the new generation of nontraded REITs really any better than the last?
Wall Street has revitalized the product, but these REITs face new scrutiny because of an old problem: Investors are demanding liquidity.
Blackstone’s BREIT gets $4 billion boost from University of California
The infusion from UC Investments will give the $68 billion real estate investment trust a longer-term source of capital after it faced pressure from investors pulling cash.
Plenty of nontraded REIT liquidity to go around: Report
Meanwhile, 2022 has been another excellent year for sales of alternative investments, according to the report from Robert A. Stanger & Co.
There’s no simple approach to complex products
As financial advisers turn to complex products to help clients navigate volatile markets and rising interest rates, regulators are scrutinizing the investments more closely than ever.
Blackstone nontraded REIT prompts SEC queries
After the Blackstone Real Estate Income Trust and the Starwood Real Estate Income Trust limited redemptions, the SEC reached out to both firms to try to understand the events.
Nontraded REIT math is still bedeviling
This market is triggering some tricky math for nontraded REITs, and it's the bean counting behind proration that could prove tormenting.
