287 It’s not just SVB: Blackstone defaulted on $562M in CMBS and was blocking investor withdrawals on $71Bn in real estate income trusts at the beginning of March. Is it possible SVB is a victim of contagion and not an origin event? (www.zerohedge.com) posted 1 year ago by GetsTheNogginJoggin 1 year ago by GetsTheNogginJoggin +287 / -0 Blackstone Defaults On $562MM CMBS As It Keeps Blocking Investor Withdrawals From $71BN REIT ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero 39 comments share 39 comments share save hide report block hide replies
Great. 👍
Just for your comment, here's another from the article headline.
REIT = Real Estate Investment Trust
https://www.reit.com/what-reit
Not to be confused with REE, which is short for REEEEEE!!!
Thank you!