NEW YORK CITY—It might be summer, but June was still coming upGray.
That's because Jonathan Gray, global head ofreal estate for the Blackstone Group, led allstories this month with the firm's take on the economic climate.Speaking at the NYU International Hospitality IndustryInvestment Conference, the executive shared his thoughtson everything from the hospitality industry to how Blackstone wasable to survive and thrive during the economic downturn.
“We wrote a check for $800 million to buy debt at a discountduring the crisis because we saw what happened after 9/11 and weknew that there would be a rebound,” Gray says in the story.
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Geoffery Metz
Geoffery Metz is the content manager for ALM's GlobeSt.com, Credit Union Times and Treasury & Risk. Before joining ALM, he spent several years overseeing the newsroom at the financial wire service Business Wire, with special focus on multimedia presentation for the web.
