Blackstone has held a final close of its most recent real estate debt fund, Blackstone Real Estate Debt Strategies V (BREDS V), which has approximately $8 billion of total capital commitments.

“We could not be more enthusiastic about the opportunities ahead, and with the support of the largest owner of commercial real estate as well as the largest alternative real estate credit platform in the world, BREDS V is well-positioned to deliver in this attractive vintage,” says Tim Johnson, global head of Blackstone Real Estate Debt Strategies.

BREDS V has flexible capital to invest worldwide and is deploying capital across several strategies, including global-scale lending, liquid securities, structured solutions to financial institutions and corporate credit. v