Blackstone's real-estate fund, BREIT, boasts assets of $114 billion. But is it a house of cards?
"Commercial real estate is a slow burn," Brian Moynihan, the CEO of Bank of America ... far more than they drummed up in the ...
But over the past two years, some investors have grown suspicious that BREIT isn't the rock-solid investment Blackstone claims it is. Since its inception, the fund says it has del ...