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BlackStone Raises $14+ Billion for Real Estate Purchases

Blackstone Group, LP, is known for it’s success in Real Estate, raising Billions in RE funds since the early 1990’s, but it’s latest fund raising accomplishments have surprised many. The company has set records by raising over 14.5 Billion in less than 4 months. The plan is to buy property all over the world, but mainly in the U.S.. The building of these funds just enforces the recent trend of investors wanting to put their money in real estate. The target return for this latest fund is 20%, higher than in past years. Investors continue to look for yields better than those found in the bond market, and as the the Real Estate market continues to improve, more people will look to cash in. You don’t have to be Blackstone to start buying property though…



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