Following a year of mega-deals that brought Blackstone Group’s real estate assets under management to an unprecedented size, the firm’s executives sound optimistic about opportunities in the new decade — while acknowledging that it’s sometimes hard to find investments worth spending all that money on. “Blackstone is in terrific shape by any measure,” Blackstone president and chief operating officer Jonathan Gray said on the firm’s fourth-quarter earnings call Thursday morning. “Our clients are quite pleased
source https://therealdeal.com/2020/01/30/scale-is-still-our-calling-card-schwarzman-talks-blackstones-real-estate-strategy-for-2020-and-beyond/
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