How the gates closed on Blackstone’s runaway real estate vehicle

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I don't know why liquidity issues at a REITs are new or surprising to anyone. In Germany, it is legally prohibited to redeem within the two first years and even afterwards only with 12 months notice. blackstone maybe limits and monthly redemptions are not enough?

Set the rate at 25% and wait for the apples to fall into your basket. One might prefer to set the rate lower not to be crushed under the apple-fall. On this account puns are emergent, but checked for coherence with account's overall line. (1 is not ominous - some might escape)

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