U.S. investment firm Blackstone will purchase a 40% stake in Indian real estate developer Kolte-Patil Developers in a deal worth 11.67 billion rupees ($134 million), the latter said on Thursday.
Blackstone Secured Lending is a top BDC choice due to its strong balance sheet, robust net funding trend, and reliable dividend coverage. Blackstone Secured Lending's non-accrual percentage remained exemplary in the fourth quarter. BXSL trades at a 21% premium to net asset value, reflecting its high-quality balance sheet and strong financial performance.
Jonathan Gray, President & Chief Operating Officer, Blackstone talks about the deals landscape in 2025 and where the firm is putting capital to work around AI with Bloomberg's Sonali Basak at Bloomberg Invest. -------- More on Bloomberg Television and Markets Like this video?
A $13 billion "hyperscale" data centre in North East England proposed by U.S. private equity group Blackstone has been given the green light to go ahead by council planners.
Blackstone President and Chief Operating Officer Jonathan Gray says investors should let "tariff diplomacy" play out. He also says there is a “pent-up” desire to do transactions and IPOs across the market.
These dividend blue chips offer high yields, strong growth, and rock-solid balance sheets for a stress-free retirement. All are poised for long-term income and dividend growth with relatively low risk. Want to live off dividends forever? Here's how blue chip big dividends can fund your retirement.
Tony James, former Blackstone president and COO, joins 'Squawk Box' to discuss the state of the economy, concerns over business sentiment, strength of the consumer, uncertainty over Trump administration's policy proposals, the role of DOGE in Washington, state of the M&A environment, the debate over carried interest, DEI rollback in corporate America, and more.
Private equity investor Blackstone aims to list shares of Spanish gambling company Cirsa in mid-April in an initial public offering, newspaper Expansion reported on Tuesday, citing unnamed market sources.
Blackstone Mortgage Trust's pay-out ratio rose above 100%, leading to a downgrade to 'Hold' due to concerns over dividend sustainability and credit issues. The trust's office loan portfolio still faces significant credit problems, with 7% of loans non-performing and a high exposure to U.S. office real estate. Despite a 24% dividend cut, BXMT failed to cover its dividend with distributable profits in 4Q24, raising the risk of another cut.
Avoid get-rich-quick schemes and conduct thorough research on real estate investments, especially when influenced by social media gurus. Emphasize risk management and understand the dangers of over-leverage in real estate and REIT investments. Diversify your portfolio to mitigate risks and avoid significant losses from concentrated investments in specific REITs or sectors.
Our recent call to downgrade Blackstone from "Strong Buy" to "Sell" has been vindicated by the stock's recent underperformance. Since our previous article was published on 23 November 2024, Blackstone's share price has fallen by around -19.7%. The S&P 500 Index gained 2.4% over the same period. Apart from the struggling real estate segment, Blackstone's overall performance is strong with 21% fee-related earnings growth and 8% AUM growth in FY2024.
Blackstone Mortgage Trust, Inc. benefits from Blackstone's extensive resources, managing a diversified $17B portfolio with strong liquidity and reduced office exposure. BXMT's robust balance sheet, reduced debt-to-equity ratio, and strategic loan resolutions position it well for future growth and dividend stability. Despite a challenging 2024, BXMT's new loan originations and entry into the net lease sector signal a positive outlook.