Blackstone has taken a formerly high minimum fund designed for institutions and wealthy individuals and lowered the minimum to just $2,500. As reported in the WSJ recently, in so doing Blackstone has transformed the fund (BREIT) into a retail offering. I’m not currently interested in owning this. Just thought I’d toss it out if anyone has experience they’d care to share.
Separately, I’m leary of real estate as an investment at this time due to bubble-like valuations. But I could be wrong.The appeal as an inflation hedge is hard to deny. https://www.millionacres.com/real-estate-investing/articles/breit-vs-sreit-what-investors-should-know/