Welcome to another episode of Heartland Multifamily, where today we delve into the intriguing world of Blackstone. Renowned as one of the globe’s largest real estate powerhouses, Blackstone boasts a vast portfolio encompassing residential rentals, hospitals, hotels, self-storage facilities, shopping centers, and beyond. It’s important to note that Blackstone stands distinct from Blackrock, another heavyweight investment firm.

In recent developments, Blackstone has caught our attention as they adjust their financial sails. Their move to curtail the distribution of rental income to investors has raised eyebrows, and now, they find themselves grappling with loan defaults. It’s a revelation that even with billions tied up in properties, operational expenses can surpass revenues.

Join Trot and me as we delve into the undercovered warning signs that seem to have slipped past the media’s radar. The impact of Blackstone’s financial turbulence could resonate far beyond their boardrooms, affecting individuals like you – the small multifamily investor. By tuning into this episode, you stand to glean invaluable insights and potentially safeguard yourself from the ripples of a potential Blackstone bankruptcy.