...A lack of supply of
new homes in the United States, combined with better fundamentals, has
created an opportunistic environment for real estate investors, said
Jonathan Gray,
Blackstone's global head of real estate.
When asked if Blackstone, the largest owner of single-family homes in the U.S., is done buying them, Gray answered, "Not yet.
"In places like California it has gotten more difficult, but as you
move East ... Atlanta, Chicago, Northern Florida—we still see good
value," he told "
Squawk on the Street" on Tuesday.