realestate

Blackstone Secures $8 Billion for Real Estate Debt Financing

Blackstone Closes Latest Real Estate Debt Fund with $8 Billion in Commitments.

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lackstone has closed its latest real estate debt fund with a total of $8 billion in capital commitments. The California Public Employees' Retirement System played a significant role as a cornerstone investor, committing $1.5 billion to the Blackstone Real Estate Debt Strategies V (BREDS V) fund in 2023. This investment accounted for nearly half of the fund's total commitments.

Blackstone secures $8 billion for real estate debt financing globally.