The Blackstone pool, which in July agreed to take a stake in buyout firm Leonard Green & Partners, has acquired a passive, minority stake in Boston-based Rockpoint.
According to the ratings agencies, the gap between their estimated cap rates on conduit loans and those being underwritten by the market is growing.
The strategy of kicking the can down the road may be putting the program in jeopardy.
Documents filed in Tokyo show that the buyer was operating on behalf of a subsidiary of Nippon Telegraph & Telephone Corp. , of which the Japanese government owns at least a third.
NREI chatted with Craig Cecilio, of DiversyFund Inc., about the intersection of HNW real estate investors and online investment platforms.