BX · News · 20261022N

Portfolio Valuation Adjustments

Blackstone Inc. · 2026-10-22 · Importance 40 · Surprise 42

Blackstone reduced valuations for certain slower-growing property assets in Europe and U.S. multifamily housing as interest rates increased. The valuation adjustments occurred alongside delayed public offerings of portfolio companies and lower expectations for near-term realizations. The reported changes indicate exposure to higher financing costs and weaker exit markets in the firm's real estate holdings.

Key facts

• Blackstone Inc. marked down some slower-growing real estate assets, including portfolios in Europe and US multifamily homes, to reflect a recent rise in interest rates. source