Each month we review BREIT's Performance webpage to see what NAV it claims for the prior month end. After two years' absence, a grossly misleading graphic reappeared yesterday. In fact, Blackstone has made this renewed misrepresentation even worse.
Two and a half years ago, we started a series of posts outlining problems with BREIT.
In December 2022, we predicted a run on BREIT and then in April 2023 we identified 7 major areas in which we...