Blackstone has fully subscribed the first offering in its new 1031 exchange business, giving the world's largest commercial property owner a new way to raise capital at a time when investor money has been slow to return to nontraded real estate investment trusts.
Blackstone finds demand for new tax-deferred investment business
Firm’s fully subscribed apartment offering marks early milestone for strategy
CoStar News
September 24, 2026 | 3:18 P.M.
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IN THIS ARTICLE
- Properties
- Vue at Centennial Apartments
7350 Centennial Pky, Las Vegas, NV
- Avenues at Cypress
21500 Cypresswood Dr, Cypress, TX
- Companies
- Blackstone Inc.
Finance and Insurance
- Blackstone Real Estate Income Trust, Inc.
Real Estate