REA

Analysis: Blackstone REIT restriction is a possible warning sign for markets

Analysis: Blackstone REIT restriction is a possible warning sign for markets

LONDON, Dec 2 (Reuters) – While there have been few larger repercussions from the spike in redemption requests this week at an unlisted Blackstone real estate income trust (REIT), some see it as a sign of Warning. Blackstone (BX.N) limited withdrawals from its $69 billion unlisted REIT on Thursday after redemption requests hit pre-set limits …

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Blackstone's $69bn REIT stifles takeovers in blow to real estate empire

Blackstone’s $69bn REIT stifles takeovers in blow to real estate empire

NEW YORK, Dec 1 (Reuters) – Blackstone Inc (BX.N) on Thursday limited withdrawals from its $69 billion unlisted real estate income trust (REIT) after a spike in redemption requests, an unprecedented blow to a franchise that helped it become an asset management giant. The brakes came because redemptions hit pre-set limits, rather than Blackstone setting …

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Sam Bankman-Fried says he 'never tried to commit fraud'

Sam Bankman-Fried says he ‘never tried to commit fraud’

NEW YORK, Nov 30 (Reuters) – Sam Bankman-Fried, founder and former CEO of now bankrupt crypto exchange FTX, tried to distance himself from suggestions of fraud in his first public appearance since the collapse of his business. losses totaling billions of dollars. Speaking via video link at The New York Times Dealbook Summit with Andrew …

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Bankman-Fried's FTX EXCLUSIVE Parents Bought Bahamian Property Worth $121 Million

Bankman-Fried’s FTX EXCLUSIVE Parents Bought Bahamian Property Worth $121 Million

FTX unit purchased 7 condos in upscale resort for “key personnel” Bankman-Fried’s parents named owners of $16.4 million vacation home Bankman and Fried tell Reuters: Seeking to return the deed to FTX NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and top executives of the failed cryptocurrency exchange have purchased at …

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