{"id":1004777747,"date":"2025-11-11T13:38:22","date_gmt":"2025-11-11T21:38:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004777747"},"modified":"2025-11-11T14:13:20","modified_gmt":"2025-11-11T22:13:20","slug":"blackstones-real-estate-co-head-to-exit","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/blackstones-real-estate-co-head-to-exit\/","title":{"rendered":"Blackstone\u2019s Real Estate Co-Head to Exit"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a2034e0c9bbf&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-large is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"829\" height=\"621\" data-attachment-id=\"1004777771\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/blackstones-real-estate-co-head-to-exit\/kathleen-mccarthy_uli-screenshot_2023\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg\" data-orig-size=\"829,621\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Kathleen McCarthy_ULI Screenshot_2023\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Blackstone&#8217;s Kathleen McCarthy speaks at a ULI conference in 2023. Screen shot by Therese Fitzgerald for CPE&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg?w=829\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg?w=829\" alt=\"Blackstone's Kathleen McCarthy speaks at the ULI conference in 2023.\" class=\"wp-image-1004777771\" style=\"width:265px;height:auto\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg 829w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2025\/11\/Kathleen-McCarthy_ULI-Screenshot_2023.jpg?resize=768,575 768w\" sizes=\"auto, (max-width: 829px) 100vw, 829px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Blackstone&#8217;s Kathleen McCarthy speaks at a ULI conference in 2023. Screenshot by Therese Fitzgerald for CPE<\/figcaption><\/figure><\/div>\n\n\n<p>Kathleen McCarthy, co-head of global real estate at Blackstone, said on Tuesday that she will leave the company by the end of the year.   <\/p>\n\n\n\n<p>McCarthy, who revealed her planned departure in a LinkedIn post, has held the position since 2018, when she was appointed along with Ken Caplan. During her time at Blackstone, she has worked to grow the firm&#8217;s real estate investment business to $320 billion in assets.<\/p>\n\n\n\n<p>McCarthy joined Blackstone in 2010 and worked in real estate investor relations and business development, her LinkedIn profile notes. She was appointed global chief operating officer of the real estate business in 2014. Prior to joining Blackstone, she worked in Goldman Sachs&#8217; mergers and acquisition group. <\/p>\n\n\n\n<p>Following McCarthy&#8217;s departure, Nadeem Meghji, the company&#8217;s other co-head of real estate, will remain as the business&#8217; sole leader. Meghji has been with the company for 18 years and moved into his current role in 2024 after Caplan became the company&#8217;s global co-chief investment officer.<\/p>\n\n\n\n<p>McCarthy said in her LinkedIn post that she plans to travel and spend time with her family after leaving Blackstone but did not discuss future career plans.<\/p>\n\n\n\n<p>Today&#8217;s announcement comes two months after the company made several major <a href=\"https:\/\/www.commercialsearch.com\/news\/blackstone-names-katie-keenan-breits-new-ceo\/\">executive appointments<\/a>, including Katie Keenan as CEO of Blackstone Real Estate Income Trust; Zaneta Koplewicz, promoted to BREIT\u2019s co-president; and Tom Johnson, named Keenan&#8217;s successor as CEO of Blackstone Mortgage Trust.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>During Kathleen McCarthy\u2019s tenure at the company, its real estate investment business has grown to $320 billion. <\/p>\n","protected":false},"author":3749,"featured_media":1004777771,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21783,23891,21742],"tags":[32892],"class_list":["post-1004777747","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-national","category-latest","tag-blackstone"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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