“Purchase price is permanent; your financing is temporary.” Higher interest rates have challenged the dealmaking environment, but Blackstone President Jon Gray sees benefits to investing before market conditions normalize. In his latest quarterly update, Jon also discusses slowing inflation, Blackstone’s longtime conviction in AI and why the commercial real estate market is more nuanced than some headlines let on.
MARKET VIEWS
Update from Jon Gray: Investing Before the All-Clear
August 28, 2023
Blackstone President Jon Gray discusses today’s dealmaking environment, competition in the age of artificial intelligence and more.
August 28, 2023
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