I’m looking for commercial real estate experts in senior housing who can address the WSJ story (https://www.wsj.com/real-estate/blackstone-is-offloading-a-flopped-1-8-billion-investment-in-senior-housing-4a7b85d9) about Blackstone offloading a lot of senior housing investments they had made. Some in the senior housing space stress how it is a good investment area, but if Blackstone has a disaster with it, what does it take for success? Is it a matter of having operating experience involved? Bad timing perhaps with too many acquisitions within a few years of the pandemic’s start? Something else?
This is for GlobeSt.com, I'm looking to get any interviews/responses in by this evening, and I'm unavailable at 2pm EST. Or ET. Or whatever the recent schedule disruption is called.)
Please try me at [email redacted] and a reply to this email.
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