Episode Details

Blackstone, the giant investment firm usually lending money, is now facing foreclosure on a North Dallas apartment complex — a wild reversal showing even market titans can’t escape real estate’s brutal swings. Bought in 2021 amid a housing boom, the property’s value plummeted as new supply crushed rents, especially for older units. Meanwhile, Blackstone’s own portfolio is reeling — a Chicago office building defaulted on a massive loan from them, and they’ve already foreclosed on another Dallas firm. With a $90 million loan at stake and auction looming in July, this episode proves no one’s immune when supply outpaces demand.

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