Episode Details

Blackstone emerged as one of the biggest sellers in commercial real estate to start 2026, offloading over $1 billion in assets in January alone. Park Avenue Tower in Manhattan ($730M), Skyview Park in Queens ($424M), Streets of Woodfield near Chicago ($69M). But they're not running for the exits. They're repositioning into data centers, luxury apartments, and logistics.

In this episode, we break down:

• Why Blackstone is shedding legacy assets and what it signals for the broader CRE market
• Where institutional capital is flowing right now (industrial deal activity is only 11% below pre-pandemic levels)
• Clarion Partners' $412M acquisition of The Brickyard logistics site in LA
• The office market reality: trophy assets move, everything else struggles
• Deals over $100M increasing year over year despite declining total volume
• The federal government buying warehouses (not leasing) for ICE detention centers
• Sale-leaseback resurgence: $14B fueled by M&A activity
• Public Storage acquiring National Storage Affiliates in an all-stock deal
• Jay Parsons' 2026 apartment rent outlook
• Industrial bulk occupancies jumping 25%
• Office traffic posting its strongest February since 2020
• Bank of America strategist drawing pre-2008 parallels
• Rising five-year inflation expectations driven by energy prices and geopolitical tensions

Episode Sponsor: Rise 48 Equity — rise48.com