Core Insights - Blackstone's preliminary estimate indicates revenues from realization activities exceeding $775 million for the period between October 1 and December 23, 2024, with 95% from realized performance revenues and 5% from realized principal investment income [1] - In the fourth quarter of 2023, Blackstone reported $693.2 million in realized performance revenues and $19.2 million in principal investment income [2] - The recent estimate suggests that alternative asset managers and real estate firms are positioned to generate high returns from deal exits in the near future [9] Financial Performance - The estimated revenue figure is based on closed investment realizations and does not reflect the total quarter's results, which may vary when considering other income sources and potential gains or losses by quarter-end [8] - Blackstone's shares have increased by 39.9% over the past six months, outperforming the industry average rise of 17.6% [11] Market Context - The Federal Reserve's recent rate-cut program has lowered interest rates to 4.25-4.5%, similar to levels in December 2022, prompting buyout firms to sell assets at current prices, thereby increasing profits [10] - During low-interest-rate periods, private equity firms typically engage in various buyouts with the expectation of generating substantial returns later [3]

REIT Market Overview - REIT (VNQ) share prices have significantly declined over the past few years, despite the growth in their cash flows, leading to valuations that are the lowest since the great financial crisis [3] Analyst Background - Jussi Askola, President of Leonberg Capital, is a value-oriented investment expert with extensive experience in REIT investing, including authoring award-winning academic papers and passing all three CFA exams [4] - He leads the investing group High Yield Landlord, which provides real-time REIT portfolio updates, buy/sell alerts, and direct access to a team of analysts [5] Investment Group Features - High Yield Landlord offers three portfolios (core, retirement, international), buy/sell alerts, and a chat room for direct interaction with Jussi Askola and his team [5] - The group provides a 2-week free trial with no charges, allowing potential members to explore the service without financial commitment [1][3]

I am a writer with diverse interests from creative writing to physics to tennis and music. Another interest is markets/investing. I live on the Israeli Golan Heights.I believe in research as a critical component of any investing decision. I find company dynamics and adjustments to market conditions a very interesting interplay. I enjoy writing about companies and managing my portfolio - and learning about the markets.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BXSL either thr ...

In this article, we discuss the latest quarterly results from the Business Development Company Blackstone Secured Lending (NYSE: BXSL ). The company has been a steady performer, as highlighted in our previous review . Its valuation has continued toCheck out Systematic Income and explore our Income Portfolios, engineered with both yield and risk management considerations. Use our powerful Interactive Investor Tools to navigate the BDC, CEF, OEF, preferred and baby bond markets.Read our Investor Guides: to C ...

Blackstone Inc. (NYSE:BX) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 12:20 PM ET Company Participants Jon Gray - President and COO Conference Call Participants Alexander Blostein - Goldman Sachs Alexander Blostein Okay. Well, good afternoon, everybody. Thank you for joining us. It is my pleasure to introduce Jon Gray, President and COO of Blackstone. With over $1 trillion in assets under management, Blackstone is the largest and the most diversified alternative asset manager in ...

Blackstone Inc. (NYSE:BX) Goldman Sachs 2024 U.S. Financial Services Conference December 11, 2024 12:20 PM ET Company Participants Jon Gray - President and COO Conference Call Participants Alexander Blostein - Goldman Sachs Alexander Blostein Okay. Well, good afternoon, everybody. Thank you for joining us. It is my pleasure to introduce Jon Gray, President and COO of Blackstone. With over $1 trillion in assets under management, Blackstone is the largest and the most diversified alternative asset manager in ...

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 hedge fund manager, due diligence officer, portfolio manager, PhD, military veteran, and advisor to a former U.S. President.Brad Thomas has over 30 years of real estate investing experience and has acquired, developed, or brokered over $1B in commercial real est ...

Blackstone Secured Lending (NYSE: BXSL ) is a strong investment option in the BDC market: the investment firm supported its dividend with net investment income in the September quarter and continued to exhibit very strong balance sheet quality. Blackstone SecuredI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesla, Google, Amazon and ...

iREIT+HOYA Capital is the premier income-focused investing service on Seeking Alpha. Our focus is on income-producing asset classes that offer the opportunity for sustainable portfolio income , diversification , and inflation hedging . Get started with a Free Two-Week Trial and take a look at our top ideas across our exclusive income-focused portfolios.The current melt-up in the stock market can be great for growth investors. However, for value investors, this can also mean that deals are becoming harder to ...

Traders work on the floor of the New York Stock Exchange.Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox.Here's what CNBC TV's producers were watching as Nvidia lifted the Nasdaq Composite, and what's on the radar for the next session. ...