Source: Real Estate Daily Report (realestatedailyreport.net)
What Breit stands for ?
Side letter from hell. Must have been a disaster. Re-subordinating existing securitized tradable claims? Securities lawyers are going to go crazy here.
Jonathan: this is not a ‘massive affirmation’ of BREIT. It’s a guess, at best. Everything is easy to buy; nothing is easy to sell. Check back in in 6 years.
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