Nadeem Meghji, Blackstone Global Co-Head of Real Estate is seeing a generational buying opportunity in commercial real estate as demand grows for data centers and warehouses. He also announces a key milestone for Blackstone's BREIT.
At 1:00 in, whatever he's saying, is priced into asset values today... not a chance buddy. Most cre is not marked to market. Its more appropriate to round down and say that no recent economic changes are priced into cre. If anyone actually cares about verifying this stooges prediction, let's check the headlines regarding cre over the next 8 quarters. Blackstone should have hired me as an analyst. If anyone is bored enough to look up a chart lets maybe look at cre loans that have to be renewed over the next 12-36 months.
It’s always fun to talk about the real estate market! I just watched a new video analyzing trends in the New York real estate market titled: “How long will it take to sell a $3 billion house in New York? | Real Estate Investment | New York Real Estate Investment in 2024”. Check it out!
Rationalization to the max- you do not need anywhere near the amount of space for those servers as we did for human office space. Something is not right about this guys position.