BlackRock CEO drops $7.3 billion on real estate firm - here's what it means for your portfolio
Key Points
- BlackRock's $7.3 billion acquisition of ElmTree Funds highli...
When BlackRock writes a $7.3 billion check for a real estate company you've probably never heard of, it's not just another Tuesday acquisition. The world's largest asset manager just bought ElmTree Funds, and if you're wondering why this matters for your portfolio, grab a coffee because this deal reveals exactly where smart money is heading.
When Your Tenant Pays the Bills
ElmTree specializes in net-lease investments, which is basically the real estate equivalent of being a landlord who doesn't have to fix the broken air conditioner. In net-lease deals, tenants handle most of the operati...
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