Bloomberg reported that Blackstone offered seller financing for a recent student housing deal. Across the industry, big asset managers are using financial tactics to enhance deals and generate cash after a rapid rise in interest rates have pressured returns. “More and more of that below-market financing is being offered in the market to juice the last dollar of purchase price,” Josh Zegen, co-founder of Madison Realty Capital, said about different financing strategies coming to the market broadly. “What are the ramifications of that? Money isn’t coming back to the system and investors aren’t getting money back as quickly as they would have anticipated.”

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