Illinois municipal retirement fund imrf is among investors in blackstones latest global real estate debt fund. Blackstones burger king new zealand franchise has been placed in receivership three. Johnson is involved in sourcing, underwriting, negotiating and structuring debt investments across all asset types and geographies. Blackstone real estate debt strategies ii is the second of three breds funds in blackstones debt strategies and real estate investment business. Imrf backs blackstones new global real estate debt fund. Real estate debt strategies 2020 summer analyst in london at. Free interview details posted anonymously by the blackstone group interview. Real estate london michael zerda is a managing director and head of europe for the blackstone real estate debt strategies business. Imrf backs blackstones new global real estate debt fund news. Materials from previous years are available below in pdf format.
Our hedge funds refers to our funds of hedge funds, hedge funds, certain of our real estate debt investment funds. Jonathan pollack, global head of the blackstone real estate debt strategies. The blackstone group real estate debt strategies summer. Blackstone real estate debt strategies, or breds, launched more than a decade ago.
Blackstone blackstone real estate debt strategies 3 4,951. Bressa, an affiliate of baia and an indirect whollyowned subsidiary of the blackstone group inc. Debt our real estate debt business provides creative and comprehensive financing solutions across the capital structure and risk spectrum. Blackstone brings institutional caliber private real. Zerda spent six years at lasalle investment management overseeing the setup and growth of its debt investment and special situations group.
Blackstone real estate income trust breit blackstone advisory. Blackstone debt strategies asset management interview tips originally posted. Page 3 commonwealth of pennsylvania public school employees retirement system. Odce core index is often used by investors to benchmark real estate fund. Debt our real estate debt business provides creative and. Blackstone real estate also operates one of the leading real estate finance platforms, including management of the publicly traded blackstone mortgage trust. Blackstone real estate debt strategies commercial observer. Real estate new york mike wiebolt is a senior managing director in the blackstone real estate debt strategies group, where he is involved in investments in liquid real estate debt. Minutes meeting of the investment committee of the board. Timothy johnson is a senior managing director of blackstone real estate debt strategies and the global head of originations breds, based in new york.
Blackstone real estate debt strategies iii altassets. The new fund, reportedly blackstone real estate debt high grade, will buy senior mezzanine debt secured by commercial real estate with a focus on north america, betting on higher us interest rates. Bx, today announced the final closing of its most recent debt strategies fund, blackstone real estate special situations fund ii fund on february 1, 2011. This page is about the meanings of the acronymabbreviationshorthand breds in the business field in general and in the real estate. Free interview details posted anonymously by the blackstone. The funds goal is to acquire distressed, out of favoror undermanaged properties at below market prices. Breit, a nonlisted reit, focuses on incomegenerating assets primarily in the top 50 u. Blackstone real estate debt strategies, or breds, is a leading global investor in real estate debt. A formal written due diligence report for the proposed investment was sent to each member of the ipc and a meeting of the committee was held on january 15, 2016. Articles about blackstone real estate debt strategies from commercial observer, new yorks authority on commercial real estate leasing, financing, deals and culture. Blackstone launched its first blackstone real estate debt strategy breds fund to.
Based on the capital raised for debt issuance funds between 2014 and. Blackstone real estate debt strategies asset management. Real estate debt strategies breds 2020 summer analyst employer. The firm also targets distressed senior real estate credit with its pimco disco ii fund, specifically residential and commercial mortgagebacked securities and restructurings of those. The first portfolio under this strategy umbrella was formed to purchase. Real estate debt strategies 2020 summer analyst in. This memorandum is presented to the state investment council the. Blackstone places strategy on riskreward investing. In 2012, blackstone went paperless with its annual reports and now releases annual chairmans letters online.
Global opportunistic real estate funda with a primary focus on the u. The blackstone group analyst blackstone real estate debt. Detailed profile of blackstone real estate debt strategies ii l. Blackstone real estate debt strategies is a private equity general partner firm with offices in united kingdom and. The debt fund report pere 1 peres inaugural top 50 ranking the red 50 of global private real estate debt fund managers. Sec filings include f quarterly reports, dg events and more.
A formal written due diligence report for the proposed investment. Oaktree launched the real estate debt strategy in 2010 as an expansion of the real estate opportunities strategy. In an era of low returns and high financial market volatility, core commercial and multifamily mortgage loan investments provide fixed income investors an. Articles about blackstone group from commercial observer, new yorks authority on commercial real estate leasing, financing, deals and culture. Blackstone real estate debt strategies crefc europe. Feature the growth of real estate debt funds with traditional bank. Public investment memorandum blackstone real estate debt. Blackstone real estate debt strategies, or breds, was launched in 2008 within blackstones global real estate group to pursue opportunities relating to debt and preferred equity investments globally, with a. New york march 31, 2011 blackstone real estate debt strategies breds, the real estate debt investment business of the blackstone group nyse.
There in not currently a cap on the size of the fund. Hey guys, has anyone had any experience interviewing with this group. We launched blackstone real estate debt strategies, our real estate debt platform, in 2008. Blackstone real estate debt strategies 2020 summer. Blackstone raising new real estate debt fund the real deal. Prospective investors should note that the investment programs, objectives, leverage policies and strategies of blackstones opportunistic real estate private equity funds the opportunistic real estate. Blackstone real estate special situations advisors l. Bxmt is a real estate finance company that originates senior loans collateralized by commercial real estate in north america, europe and australia.1018 1037 8 1359 731 143 410 692 1554 1165 599 233 682 476 955 359 317 481 845 221 131 1490 999 383 1308 1417 397 253 1047 1422 924 223 492 371 780 330 240 182 309 241 52 5 1313 430 1189 860 616