Back to the future In late 2013, Blackstone brought the "new" Brixmor public, raising over $890 million. Almost $825 million of that was used to, "pay down amounts outstanding under our unsecured credit facility." Blackstone retains about 70% of the voting rights, so it effectively controls the REIT. So, at this point, there's little reason to believe that Blackstone will change the company's deleveraging path.