Sector: Real estate market

Apartment demand remained solid in Q3 2024, despite a surge in new supply unseen since 1974, leading to flat rent growth across much of the U.S.

Ares Management announced plans to acquire GLP Capital Partners for up to $5.2B.

KKR is betting on US travel growth by acquiring The Parking Spot to capitalize on growing travel demand and expansion opportunities.

Manhattan’s commercial real estate (CRE) market is seeing a strong rebound, with Q3 sales hitting $3.2B, more than doubling from the previous year.

Industrial real estate construction plunged 43% in Q3 2024, marking the sharpest annual drop since 2008, while vacancy rates continue to rise.

Blackstone’s Jonathan Gray predicts a surge in M&A as rising property valuations fuel new acquisition opportunities.