Blackstone Is Offloading a Flopped $1.8 Billion Investment in Senior Housing
NegativeFinancial Markets

Blackstone Is Offloading a Flopped $1.8 Billion Investment in Senior Housing
Blackstone is facing significant losses as it offloads a portfolio of around 90 senior housing properties, selling them for over 70% less than their original purchase price. This move highlights the challenges in the senior housing market and raises questions about the future of such investments. It matters because it reflects broader trends in real estate and could impact investors' confidence in similar sectors.
— via World Pulse Now AI Editorial System






