As I explain in REITs For Dummies, commercial mREITs did well in the early 1970s, however "interest rates rose in 1973, and demand for new developments came crashing down (and) the end results were not favorable for anyone, including the greedy, foolish banks…Brad, along with HOYA Capital, lead the investing group iREIT®+HOYA Capital. The service covers REITs, BDCs, MLPs, Preferreds, and other income-oriented alternatives. The team of analysts has a combined 100+ years of experience and includes a former he ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BXMT either through stock ownership, options, or other derivatives. I wrote this ...

Blackstone Inc. (NYSE: BX ) had better-than-expected results for the third quarter last week as its profits grew YoY and its asset management business is firing on all cylinders.A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and inv ...

Blackstone Secured Lending (NYSE: BXSL ) and Main Street Capital (NYSE: MAIN ) are arguably one of the most defensive investment choices in the entire BDC sector. Both BDCs fall into the Top 10 list of the largest players in the sector, andRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liqu ...

Blackstone Inc BX reported better-than-expected third-quarter financial results on Thursday.Blackstone reported third-quarter fiscal year segment revenues of $2.434 billion, slightly beating the consensus of $2.408 billion. Distributable earnings (DE) rose 6% year-over-year to $1.279 billion. Fee-related earnings increased 5% to $1.18 billion."We invested or committed $54 billion in the quarter — the highest in over two years — and deployed $123 billion in the last twelve months since the cost of capital pe ...

Shares of Blackstone (BX) soared to an all-time high of $172.25 during intraday trading on Thursday in response to its third-quarter 2024 results. The bullish investor stance on BX resulted from a jump in the company’s assets under management (AUM) balance, which boosted quarterly earnings.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.BX’s distributable earnings of $1.01 per share surpassed the Zacks Consensus Estimate of 91 cents. Also, the figure reflected a rise of 7% from the ...

Key TakeawaysBlackstone's profit for the third quarter soared and revenue rose as the firm brought in more investment money.The firm's assets under management (AUM) were up 9.9% from a year ago, and its total inflows were $40.5 billion for the quarter.The news sent shares of Blackstone to an all-time high in intraday trading Thursday. Blackstone (BX) shares soared to a record high Thursday after the world's largest alternative asset manager reported its profit skyrocketed as a result of bringing in more inv ...

Blackstone Inc. (NYSE:BX) Q3 2024 Earnings Conference Call October 17, 2024 9:00 AM ET Company Participants Weston Tucker - Head of Shareholder Relations Steve Schwarzman - Chairman and Chief Executive Officer Jon Gray - President and Chief Operating Officer Michael Chae - Chief Financial Officer Conference Call Participants Michael Cyprys - Morgan Stanley Mike Brown - Wells Fargo Securities Glenn Schorr - Evercore Craig Siegenthaler - Bank of America Alex Blostein - Goldman Sachs Dan Fannon - Jefferies Bri ...

Blackstone Inc. (BX) reported $2.43 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 4.8%. EPS of $1.01 for the same period compares to $0.94 a year ago.The reported revenue represents a surprise of +2.59% over the Zacks Consensus Estimate of $2.37 billion. With the consensus EPS estimate being $0.91, the EPS surprise was +10.99%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...

Blackstone’s (BX) third-quarter 2024 distributable earnings of $1.01 per share outpaced the Zacks Consensus Estimate of 91 cents. The figure reflects a rise of 7% from the prior-year quarter.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Shares of the company gained 3.2% in the pre-market trading. Better-than-expected results fueled by solid assets under management (AUM) growth drove investor optimism about the stock.Results benefited from higher revenues and an improvement in AUM ...