Blueprint: StepStone’s record secondaries haul, Blackstone’s return to office, tariff deal disruption and more

Secondaries continue their run in the private real estate spotlight this week, and for good reason: StepStone Group has closed the largest-ever such fund targeting the property sector, beating a record set less than a year ago. Elsewhere this week, Blackstone walks the walk in the office sector, tariffs put a slew of real estate deals involving institutional managers on ice, CalSTRS sees opportunities in self-storage, Blue Owl goes for UK supermarkets and more in this week’s briefing, exclusively for our valued subscribers.