Legal Powerhouse Backs Blackstone’s Expansion
A transaction of this magnitude demands a legal dream team, and Blackstone tapped Simpson Thacher & Bartlett LLP to navigate the intricacies. The powerhouse firm fielded a squad of top attorneys, including Peter Gilman, Michael Wolitzer, Matthew Leighton, Nicholas Brown, Joshua Katz, Nikaury Payano, Kristie Nemoto, Michael Burnstein, Sally Yi, Spencer Mooney, Jonathan Goldstein, Jasmine Hay, Tova Pfeffer, Roberto Arza, Jennifer Levitt, Thomas Howland, Belinda Li, Hannah Barcus, Devin Montgomery, Jeanne Annarumma, and Alexander Kharash—each playing a role in ensuring the fund’s seamless closure.
A High-Stakes Play with a Global Reach
Blackstone’s latest move cements its position as a dominant force in real estate finance, betting big on structured solutions while competitors hesitate. With BREDS V, the firm is poised to seize opportunities that arise from market disruptions—turning dislocation into potential windfall.
As the financial world watches closely, Blackstone’s $8 billion bet on global real estate debt could either be a masterstroke of foresight or a high-risk gamble in an increasingly unpredictable market.
