💣 Blackstone Bombshell: CMBS Crisis!

Investment giants hit pause; CRE funding falters under pressure.

Blackstone has slammed the brakes on a $1.3 billion sale of commercial mortgage-backed securities.

This is after increased volatility and an influx of debt offers flooded the market.

The CMBS sector hasn't seen headaches like this in nearly a decade, largely due to rising interest rates and a gloomy economic outlook.