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
Gonna have to change their name to Black Pebble if things keep getting worse for them.