The PERE Podcast

Blackstone's return to office brings pariah sector back into favor


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New York offices are having a moment. As the ink dries on a pair of billion-dollar refinancing deals at 3 Bryant Park and the MetLife Building, the city's office sector may soon receive its most momentous vote of confidence yet, with bellwether investor Blackstone reportedly in talks to acquire a major stake in the 50-story tower at 1345 Sixth Avenue.

All of this leads to a central question: Is this once-eulogized market finally getting its groove back? Listen in as PEI Group real estate editor-in-chief Jonathan Brasse chats with PERE Credit editor Samantha Rowan and PERE Deals editor Guelda Voien about a pivotal moment for the market and what it means for institutional investment in the sector going forward.

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