realestate

Blackstone Real Estate Co‑Head Steps Down

Blackstone Real Estate will say goodbye to Kathleen McCarthy at year‑end after 15 years with its $320B unit.

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fter 15 years at Blackstone Real Estate, the $320 billion global real‑estate unit will part ways with Kathleen McCarthy at year‑end. The co‑chief, who has not disclosed her next move, said she will stay on to support Blackstone’s needs until December. She reflected on the honor of leading the division and thanked everyone for the opportunities and achievements during her tenure. Photo credit: Blackstone.

Blackstone real estate co‑head resigns, stepping down from leadership.