HBO’s Entourage reached its final season two years ago but fans have a lot to look forward to with production of the series first movie [...]Read more ›
Post Tagged with: "Real Estate"
Jonathan Grey, global head of Real Estate for Blackstone Investment Group, recently went on Bloomberg to discuss their view on funds purchasing distressed properties and his market outlook for investment opportunities. Stephen Schwarzman, Chairman of Blackstone, recently told Bloomberg that, “This is the kind of thing that happens once — every once in a while, where you see something that’s a market-turning trend and we are loading the boat”. The firm has purchased over 10,000 foreclosed homes so far and is spending at a rate of $100M/week to expand its holdings.Read more ›
For some time I have thought of real estate as having a cult-like following. Talking to people about real estate seems to share commonalities those looking for the mothership; reason is out the window. Lately it seems that everyone sees real estate as the investment of choice offering the highest rate of return and greater safety.Read more ›