Blueprint: Blackstone’s Bellagio stake offload, PERE introduces Trend Watch, Newmark demonstrates lender pool shrinking

Blackstone's partial exit from Las Vegas's Bellagio exemplifies the firm's keenness for a focus on the profitable exits from its BREIT; Newmark shows how lending sources are drying up; PERE introduces Trend Watch for print and online publications, and more in today's briefing, exclusively for our valued subscribers.