Market Views

Update from Jon Gray: Resilience & Reacceleration

Blackstone's President Jon Gray explains why we think real estate values are bottoming and how we're preparing for a busy 2024.  

2023 ended with a burst of deal activity at Blackstone – a sign of renewed optimism after the Fed’s extended rate-hiking campaign. Our president, Jon Gray, unpacks why we believe this is a particularly opportune moment for investing and outlines our three focus areas for the year. He also shares his view on where the real estate market is headed as the cost of capital declines.