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
Really? Who did they leave out
Sadly, I don’t remember. I was hot under the collar afterwards. That was 5 years ago. I’d have to watch it again. I remember thinking that it was an attempt to shield some bad players.