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Blackstone: 22% Bellagio Stake Sale Worrying for Real Estate?

Blackstone, one of the world’s largest real estate investors, is seizing the opportunity presented by the resurgence of Las Vegas. They have decided to sell a 22% stake in the iconic Bellagio resort and casino, with the deal valuing the property at a staggering $5.1 billion.

Blackstone: Seizing Opportunities in the Real Estate Market, signifying their involvement in the Bellagio deal. Ben Davis/Getty

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