CA - Billionaire Investors Say 'Buy REITs'

2024-05-04 07:30:00 ET

Summary

• Blackstone has been on a REIT buying spree.
• Its leaders are self-made billionaires, and they talk highly about REITs.
• This is not surprising given that they are trading at their lowest valuations in over a decade.

Co-produced by Austin Rogers.

Given how poorly the stock prices for publicly traded real estate investment trusts ("REITs") have performed over the last few years, it would be understandable to believe that this sector of the market is undergoing extreme pressure that will result in a wave of bankruptcies and years of poor fundamentals.

But that is far from reality.

Don't take it from us. Listen to the world's leading commercial real estate ("CRE") experts at alternative asset management giant Blackstone ( BX )....

For further details see: