One-on-One with Kathleen McCarthy: You Can’t Paint Real Estate with a Broad Brush

Elevated rates, strains on regional banks and dramatic shifts in the ways we work have raised concerns about commercial real estate. Yet today’s market continues to show strong performance in select subsectors. Global Co-Head of Real Estate Kathleen McCarthy explains the unprecedented dispersion we’re seeing and why this market cycle is different from the Global Financial Crisis. She also shares how Blackstone’s experience in prior downturns positions us to capture opportunities today.