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Steve Ross Steps Down from Related, Launches West Palm Firm
Private Equity Seeks Bargains in US Real Estate
Powell Hints at Possible Rate Cut Amid Risks of Higher-for-Longer
Apartment Absorption Nears Record High in Q2
The Newsletter

06 Jul

Good morning. Welcome back to CRE Daily!

RISING STAR

Steve Ross Steps Down from Related, Launches West Palm Firm

Stephen Ross is stepping back from his New York-based company, Related Companies, to lead a newly formed, independent entity called Related Ross.

THE TAKEAWAY

Private Equity Seeks Bargains in US Real Estate

Distressed investors are seizing a rare chance to buy troubled US CRE assets, with private equity firms leading the charge.

THE TAKEAWAY

Powell Hints at Possible Rate Cut Amid Risks of Higher-for-Longer

In testimony before the U.S. Senate Banking Committee Tuesday, Fed Chair Powell told the committee that a federal funds rate cut might be coming soon.

THE TAKEAWAY

Apartment Absorption Nears Record High in Q2

Apartment demand in the U.S. has seen a remarkable surge in the second quarter of 2024, showing impressive absorption figures.

THE TAKEAWAY

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