Jonathan Gray Of Blackstone Real Estate Talks Hilton, AirBnB and More

Below are our informal notes from the presentation at Invest 4 Kids of Jonathan Gray of Blackstone Real Estate. We have a lot more coverage so stay tuned

Also we have a lot more conference coverage under our hedge fund Q3 post

Jonathan Gray
Head of RE at Blackstone

Brian Feltzin – Interviewer
Sheffield Asset Management

[drizzle]

How do you find your edge?
Their edge is a couple things, scale and conviction.  They operate $103b in equity gives them visibility that competitors don’t have.  Find the right opportunities and then go all in, not diversification.  Buying US homes in...