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Rainmaker
1,325,299
Donald Urschalitz
Lubeck Realty Group - Jupiter, FL
P.A. Realtor ABR RSPS North Palm Beach County

We are seeing some of their holdings going on the market. As Landlords Blackstone is not that great in our area.

Apr 12, 2020 06:43 AM
Rainer
225,526
Bob Betel
Allstar Home Mortgage, Inc. - Sweetwater, TN
President, Allstar Home Mortgage, Inc

I remember the good old days when everyone were  blaming Obama. Oh wait......... they still do..... As far as the question,  I'm sure they are fine.

 

Apr 12, 2020 06:18 AM
Rainmaker
1,506,163
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Blackstone is doing well.  They spun off their rentals into "Invitation Homes" a while back (at least out here in Cali).  Their investments are now elsewhere and not so much in the day to day operation of rentals.

 

I suspect however, that the issues with saw with "mortgage backed securities" in 2008 will occur again with the "rental backed securities."  Same poison, different name.

Apr 12, 2020 08:05 AM
Rainmaker
1,847,051
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

You know I sometimes wonder. We see them come up always as the black sheep listing - they are way over market between $200-$1000 per month. They look like they are in good shape, rehabbed, etc but they are up there in the stratosphere.

I don't follow rentals per se so it's hard to tell.

Apr 12, 2020 07:05 AM
Rainmaker
1,201,622
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Good Question. Haven't thought of them. Probably doing ok

Apr 12, 2020 06:56 AM
Ambassador
6,418,755
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I suspect that they have strategized beyond the rest of us in matters such as this.

Apr 12, 2020 11:23 AM
Rainmaker
1,553,599
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

Haven't given them any thought.

Thomas J Nelson REALTOR San Diego Real Estate

 

Apr 12, 2020 09:51 AM
Rainmaker
2,784,726
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

If they put some money away and didn't leverage (no equity) to the hilt they should be fine using this point: People need a place to stay. Perhaps their worse case is to liquidate a few homes for quick cash? Problems of the rich

Apr 12, 2020 07:11 AM
Rainmaker
1,513,143
Raymond E. Camp
Ontario, NY

Probably both can afford it and blaming Trump!

Apr 12, 2020 06:08 AM
Rainmaker
1,323,529
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I think that they have the financial strength to survive. Unlike an individual who may be out of work and relying in the income from his/her rental property to make make ends meet.

Apr 13, 2020 06:51 AM
Rainmaker
5,240,021
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Astute investors survive and thrive.

Apr 13, 2020 06:18 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Is it bad to hope they learn a lesson of economics?

Apr 13, 2020 05:33 AM
Rainmaker
766,079
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

I think they made an incredible decision financially.

Apr 12, 2020 03:16 PM
Rainmaker
7,864,157
Roy Kelley
Retired - Gaithersburg, MD

I have no idea.

Apr 12, 2020 01:14 PM
Rainmaker
5,772,587
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Annette,

We do not think about this stuff...I focus my energy elsewhere,  A

Apr 12, 2020 11:07 AM
Rainmaker
2,400,425
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

Neither one have ever been on my radar Annette Lawrence , Palm Harbor, FL 727-420-4041 but needless to say any landlord, large of small, is going to get screwed with the current situation.

Apr 13, 2020 07:53 AM
Ambassador
3,349,554
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I have not given that any thought.  

Apr 13, 2020 08:32 AM