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Blackstone Closes $20.5 Billion in the Largest Real Estate Fund Ever Raised

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    Blackstone, one of the largest property owners in the world, announced  that it closed $20.5 billion for a new real estate fund. This is the largest real estate fund ever raised. The company has $154 billion in real estate investor capital under management.

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    Posted by Jeff Mindham
    Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies. I have a master’s degree from the University of San Francisco and a BA degree in Communications.