This is a diamond in the rough. I am continuing to accumulate and will be calls next earnings. These guys are probably finding the best entry to private equity and real estate that we'll see in our lifetime.
I agree 100%. Blackstone is the best of breed in PE, and they're absolutely killing it with the real estate acquisitions they're making right now.
agreed plus all the dry powder they have been puttig to work at ridiculously low cost basis will be immediately accretive
http://www.forbes.com/sites/nathanvardi/2011/10/25/private-equity-surprise-portfolios-are-holding-up-fine/?partner=yahootixJust imagine when these PE shops start earning the carry/incentive fees...