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Over the past few years, real estate has been one of the most resilient sectors amid COVID-19-induced headwinds. Despite the rising interest rates, housing demand has remained irrepressible, causing mortgage rates to cross the 7% mark and hover near 23-year highs. Blackstone: Commercial Real Estate Power House Blackstone Inc., the largest holder of commercial real estate globally, is betting on rental student housing to be one of the most profitable sectors worldwide thanks to surging demand. "S

Despite what no one denies has been a challenging year for commercial real estate, Commercial Observer’s 2023 Power Gala, held Sept. 19 at CORE: New York, the new club at 711 Fifth Avenue, proved that there is plenty of optimism — and reasons for that optimism — to be found in commercial real estate today. “We’re in an environment where you have to look beyond the headlines, because everything is not moving at the same speed, and where you invest matters,” said Ken Caplan, global co-head of Blackstone (BX), which won the night’s Acquisition Dea...

High atop 711 Fifth in the new CORE club, real estate’s mightiest gathered for Commercial Observer’s annual Power Gala.

/PRNewswire/ -- Commercial Observer, the premier media and information services company that informs and connects leaders in the commercial real estate...

Blackstone raises $30.4 billion real-estate fund