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REIT Investor Cash-Out Requests Extend Into This Year, Hitting Blackstone Again

InPoint Commercial Suspends Fundraising, Redemptions as It Reviews Strategic Alternatives
InPoint Commercial provided $27 million initial funding in November to the 170-unit Alcove Garner Apartments in Garner, North Carolina. (CoStar)
InPoint Commercial provided $27 million initial funding in November to the 170-unit Alcove Garner Apartments in Garner, North Carolina. (CoStar)
CoStar News
February 1, 2023 | 10:08 P.M.

The surge of investor cash-out requests that spread among nontraded real estate investment trusts in the fourth quarter is extending into this year, exacting a further toll on the largest such REIT, Blackstone Real Estate Income Trust, and on the smaller InPoint Commercial Real Estate Income.

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