Blackstone real estate operative jumps to Wentworth
Blackstone real estate debt strategies managing director Issa Chehab has left the US private capital giant after a decade.
Street Talk understands the Sydney-based operative, who’s well known in private debt circles, will pop up at property player Wentworth Capital.
Chehab has been with Blackstone since 2015, executing financing deals across asset classes. Prior, he was a director at GE Capital Real Estate, working on equity and debt transactions in Australia and Asia, and started his career in ANZ’s Structured Property Finance team.
Wentworth has just come off the acquisition of Aqualand’s $200 million life sciences property in North Ryde. The group also struck a deal with the University of Sydney in 2023 to develop a $500 million life sciences hub, and is working with BlackRock to create a $1.5 billion life sciences real estate fund.
The firm, run by former Alastair Nash – who helped establish Blackstone’s real estate team in Australia – has $1.8 billion under management. It also operates last-mile logistics and build-to-rent funds.
