Katie Keenan
Alternative investment manager Blackstone appointed Katie Keenan as CEO and director of Blackstone Real Estate Income Trust, Inc. and the firm’s Core+ real estate business.
Keenan will succeed Wesley LePatner, who was killed in a shooting at Blackstone’s New York City headquarters building in July. BREIT Head of Asset Management Rob Harper had been serving as interim CEO.
Keenan joined the firm in 2012 and previously served as global co-CEO of Blackstone Real Estate Debt Strategies and commercial REIT Blackstone Mortgage Trust.
“Thanks to the dedication of Wesley and many others, BREIT represents some of Blackstone’s finest work,” Keenan said in a statement. “BREIT is incredibly well-positioned and I am looking forward to working with the team to capitalize on the ongoing real estate recovery, with new supply falling sharply, the cost of debt capital coming down, and transaction activity picking up.”
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Additionally, Blackstone named Zaneta Koplewicz, head of shareholder relations at BREIT, as co-president and director of BREIT. Harper will return to his position as BREIT head of asset management.
Tim Johnson was named CEO of BXMT, succeeding Keenan as the global head of BREDS. Austin Peña, vice president of investments at BXMT, was named president and director.
Blackstone’s real estate business manages $325 billion in client assets across a global real estate portfolio valued at $611 billion.
Prior to her roles at Blackstone, Keenan was a vice president at G2 Investment Group, an associate at Lubert-Adler and an investment banker at Lehman Brothers. She earned a bachelor’s degree in history from Harvard University.
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Tags: Blackstone
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