‘Just imagine if we had focused Breit in downtown San Francisco or downtown Chicago,’ says Blackstone’s Jon Gray about the real estate mega fund’s 8% return for 2022
January 31, 2023 at 16:39 PM EST
Blackstone's top brass on Tuesday tell investors in its near $70 billion Breit fund that its 8.4% return was possible last year because they picked the right real estate spots.