2min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Get ready for a real estate collapse

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

Blackstone Private REITs Are a Liquid Asset

Blackstone, which I'm going to show you in a minute, has pretty much similar properties in the same areas. Their private fund is magically up 9% this year. It's incredible. When you have a private vehicle, the market doesn't determine the value. The funds offering this product, like Goldman, made sure that they were out of the real estate and all their investors before letting his clients sell and collapse the price.

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