Business > Commercial Real Estate

There's “lots of runway in real estate”: Blackstone's Jon Gray

16 days ago   |   By The Real Deal New York

Blackstone Group's president and COO Jon Gray thinks higher inflation is on the way, and he thinks risky real estate investments could be the anecdote for investors. “What we're trying to do is position ourselves for things that look and feel least bond-like as much as possible,” Gray said Thursday during the investment giant's first-quarter earnings call. Gray said safe but low-yielding investments, such as fully leased office properties, are less attractive in an
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