Blackstone offloading flopped $1.8 billion investment in senior housing

November 7, 2025

Wall Street Journal: It is shaping up to be one of the New York firm’s worst investments in recent years. Blackstone has been quietly selling off its portfolio of about 9,000 senior-housing units across the U.S. through a series of one-off transactions, sometimes at losses of more than 70% compared with their purchase price, according to a Wall Street Journal analysis of public records…