Blackstone sees opportunities in this prominent housing rental market as demand surges.
, raising a little over $30 billion for its Blackstone Real Estate Partners X fund, which McCarthy highlighted as another way the company is using its insights to provide consistent performance for investors and confidence amid a market with heightened"dislocation."
But student housing issues aren't solely a U.S. problem, and Blackstone's made investments in Australia, Canada and the United Kingdom as students seek English-language degrees, McCarthy said. "Those countries are really looking at education as somewhat of an export, and, where the U.S. has had more challenging visa policies, those countries have been able to capitalize on that, and are seeking to grow their universities but they need housing to do that," she said.
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