Commercial real estate is flashing signs that the worst of the distress is over, Blackstone president says
The commercial real estate sector is already showing signs of distress as a wave of $1 trillion debt is poised to mature this year.
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- The worst is behind the commercial real estate sector, according to Blackstone's Jon Gray.
- The real estate vet thinks there's a huge opportunity for investors in the sector.
- Blackstone has been "deploying capital" and scooping up CRE in Europe and Asia, Gray added.
The worst of the commercial real estate turmoil looks to be over...
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