VIDEO: BLACKARD & STONE DISCUSS CURRENT MARKET CONDITIONS

Decades of Multi-Cycle Wisdom

Principals of Blackstone Capital Advisors (BCA) have been engaged to resolve broken capital structures totaling approximately $1.4 billion since 2024.

We have successfully navigated multiple market disruptions as principals over several decades: highlighted by bank lending rates peaking at 20% in the early 80’s, the S&L crisis in the late 80’s, and the housing collapse of 2008.

BCA advises capital market participants and developers relating to distressed capital and “off plan” commercial real estate assets. We have unique expertise relating to land development and the housing market. BCA has the ability to restructure, recapitalize, purchase, or take over land development projects. We focus on providing practical solutions for distressed assets that modify business plans and reconfigure capital structures to align with market realities.

The principals of BlackStone Communities have been setting market standards for community developments for several decades. Through multiple market cycles and across asset classes, BlackStone has executed successful and impactful projects. We act as trusted advisors who know what works through our own market experience of solving cyclical problems relating to our own challenges and our own capital. That's the difference between advisors who may be learning during the current downturn and people who have already faced and resolved the types of challenges facing distressed land development projects.

The principals of BlackStone Communities and BCA have built a legacy over several decades and over $6 billion in developed assets. This depth of experience gives us a unique perspective to navigate current market conditions.

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Leadership

BlackStone Communities' Principals have built a legacy spanning five decades, with over $6 billion in developed assets. This depth of experience gives us an unmatched perspective on navigating market downturns and restructuring troubled assets. Our leadership has circumnavigated every major real estate cycle, both good and bad, since 1982.

Ted Stone, III

Principal

Ted Stone is a principal of BlackStone Communities and is responsible for the management and strategic planning of the firm’s business activities. Stone’s family began developing residential subdivisions and single-family homes in 1955. He grew up active in the family’s development business and continued his pursuit of commercial real estate experience at SMU prior to entering the industry full-time. Across several platforms and multiple cycles, Stone has become an accomplished real estate developer and investor. He has been involved in the industry since his teens and has acquired, developed, or capitalized in excess of 5M square feet of commercial space and over 4,000 acres of land.

Jeffory D. Blackard

Principal

Jeffory D. Blackard is a principal of BlackStone Communities. With his distinguished real estate career in its fourth decade, Blackard is considered a visionary developer in the real estate industry who consistently pushes the limits of design and development.

Jeffory D. Blackard

Principal

Ted Stone is a principal of BlackStone Communities and is responsible for the management and strategic planning of the firm’s business activities. Stone’s family began developing residential subdivisions and single-family homes in 1955. He grew up active in the family’s development business and continued his pursuit of commercial real estate experience at SMU prior to entering the industry full-time. Across several platforms and multiple cycles, Stone has become an accomplished real estate developer and investor. He has been involved in the industry since his teens and has acquired, developed, or capitalized in excess of 5M square feet of commercial space and over 4,000 acres of land.

Ted Stone, III

Principal

Ted Stone is a principal of BlackStone Communities and is responsible for the management and strategic planning of the firm’s business activities. Stone’s family began developing residential subdivisions and single-family homes in 1955. He grew up active in the family’s development business and continued his pursuit of commercial real estate experience at SMU prior to entering the industry full-time. Across several platforms and multiple cycles, Stone has become an accomplished real estate developer and investor. He has been involved in the industry since his teens and has acquired, developed, or capitalized in excess of 5M square feet of commercial space and over 4,000 acres of land.