Blackstone Names Katie Keenan As New Chief Executive Of $325B Real Estate Platform After Former CEO’s Death: Report
Synopsis
According to a report by The Wall Street Journal, Keenan will take on the role of overseeing both the BREIT trust and the global Core+ portfolio.
Blackstone (BX) has reportedly tapped senior executive Katie Keenan to be the new chief executive of its flagship real estate income trust and oversee its Core+ property strategy, filling a key leadership post months after the fatal shooting of former CEO Wesley LePatner.
According to a report by The Wall Street Journal, Keenan will take the helm of the $325 billion property platform’s lower-risk, income-focused investments while running the Blackstone Real Estate Income Trust, one of the firm’s largest funds catering to individual investors.
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