Blackstone's $339 Billion Real Estate Arm Enters Risky Terrain After Rates Pain ========== Blackstone's $339 billion real estate arm faces challenges after rates pain. The article discusses the potential risks and challenges faced by Blackstone's real estate arm due to rising interest rates. The author highlights that Blackstone's real estate portfolio is vulnerable to interest rate hikes and that the company may face difficulties in refinancing its debt. The article also mentions that Blackstone's real estate arm has been a major driver of the company's growth and profitability. The author suggests that Blackstone may need to adjust its investment strategy to mitigate the risks posed by rising interest rates. https://www.bloomberg.com/news/articles/2024-06-20/blackstone-s-339-billion-real-estate-arm-enters-risky-terrain-after-rates-pain?srnd=telecom