Blackstone is building a real estate and private equity investment "ecosystem" around the life sciences sector.
Logistics is standing out as a resilient investment during a global pandemic.
The pandemic has not shut down all real estate lending, propping up asset values, but making it tough for mezzanine lenders.
Farmland and timber assets under management fell again, with growth stymied by lack of supply.
Despite the COVID-19 pandemic, a strong 2019 helped buoy managers' worldwide assets under management to $1.73 trillion.
Worldwide real estate assets and assets managed for U.S. tax-exempt institutions were pinched during the year ended June 30.
Investors are flocking to credit and new construction rather than high-priced core properties.