Blackstone's McCarthy on the Global Real Estate Outlook

Kathleen McCarthy, Co-Head Real Estate, Blackstone discusses her outlook on global real estate with Bloomberg's Carol Massar at Bloomberg Invest.

[@cb9125]

I am going to look forward watching this video in 2023.

[@loserscryfair]

why?

[@id10t98]

This didnt age well. Now they wont let you withdraw your investment with them.

[@ssuwandi3240]

Well if you tracked down way back to 2007 they had one huge property buyout of $39 billion. So basically it's Lehman the sequel. Buy high but pray for coming recession

[@thewhitefalcon8539]

BLACKSTONE IS FTX HAHAHAA

[@danieltzach8008]

Don't you think they're limiting withdrawls in order to use the money to scoop up distressed properties when they go under?

[@chriskevin17]

As a RE Agent ; they are lying to you. Shit is hitting the fan and will only get worse. They don't want to create a panic . Doesn't this remind you of 2008?

[@simply_mimi_]

Well, it definitely hit the fan today!

[@jacques12339]

Declaring bankruptcy 4 months later. Man that aged well

[@jennr1261]

The most agreeable outlook on this market! Thanks alot!

[@kirksidwell4378]

Let her talk!!

[@AdnanRobyn]

So, THAT’s the head of the swamp monster ? Makes sense, though.

[@machupichu8463]

The age old myth of "EXPERTS".

[@SLO722]

Watching this in April 2023, Ouch!!

[@andyjohnson9402]

I must get the name of your optometrist miss. I have never seen such rose colored glasses.

[@jtiger1062]

Talking her book…it’s a confidence business and hard to buy properties when you have redemptions to fund..…I would be trading out of unlisted property and buying listed reits ..any easy arbitrage …do your own research

[@trustedsource2617]

Typical Bloomberg clip; assume everything they say is a lie, and you will do well.

[@ashakeshavan7163]

They will never admit to the fact that REITS are in trouble. FTX also kept saying the same thing ..... everything is fine , nothing is wrong, we will meet our commitments etc, get your money out ASAP. Or else another lemon will be in your hands,

[@carrier_pigeon214]

There were some pretty big REITs/REOCs in the US/UK that started to go bankrupt as the pandemic was starting at the end of 2019. In the US at least, they were "bailed out" through extra Fed liquidity in the Repo Market. Of course you won't hear many people talking about it so it's difficult to figure out what's actually going on.

[@MrDodgedollar]

If you can service your debts… and you are getting good rent returns, They are in the correct RE area, no doubt about it- There isn’t a problem..This is the elephant in the room ie Servicing the debts with interest rates on the climb

[@tnakatak]

WeWork is a good model? Really??

[@snowflake2299]

Looked like she act/react to the market, that's the right way to invest.

[@stevengelber2780]

i feel she sounds like making a case for her company better than reality, like she was in a great position going into covid and they had their reasoning. It sounds like she is just trying to persuade investors not to pull [̲̅$̲̅(̲̅5̲̅)̲̅$̲̅] out

[@snowflake2299]

I agreed with her.

[@fowchiiiliedpuppiesdied]

They just look evil.