The Traderszone Network

Published in TZ Latest News 8 December, 2014 by The TZ Newswire Staff

Did Blackstone Just Call The Top In Commercial Real Estate?

Blackstone’s well-timed IPO in 2007 was almost the perfect top-tick indicator as ‘the smart money’ private-equity guys cashed out into the public markets at peak euphoria. Earlier this year we noted that, among others, Blackstone was drastically ratcheting down purchases (and in fact selling what it could) US residential real estate – and with it withdrew the only pillar holding up the housing market.

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