Mar 04, 2019 / 10:00PM GMT
Arren Saul Cyganovich - Citigroup Inc, Research Division - VP & Senior Analyst
Well, thank you for joining us. Welcome to the 5:00 p.m. session of Citi's 2019 Global Property CEO Conference. This is the last one of the day, so I appreciate anybody who's shown up. I'm Arren Cyganovich, I am with Citi Research. We're pleased to have with us Blackstone Mortgage Trust and CEO, Steve Plavin.
Questions and Answers:
Arren Saul Cyganovich - Citigroup Inc, Research Division - VP & Senior AnalystSteve, maybe you can just start off talking about how you'd characterize the CRE lending environment today versus last year whenever you were at the same conference?
Stephen D. Plavin - Blackstone Mortgage Trust, Inc. - CEO, President & Director
Sure. Thank you. I think that the environment today is reasonably similar to the environment last year, which it's been -- from a pricing standpoint, there's still a lot of price competition in the market, but the credit quality opportunity still feels very good. The biggest