David Hodes, a founder and co-managing partner at Hodes Weill, discusses the momentum of M&A deals in the second half of 2020 and key drivers of transaction activity. See video here.

Four of the biggest public real estate managers reported positive gross returns in the second quarter. Results ranged from 1.4% to 4.4%, according to a review by Hodes Weill & Associates. The results were unexpected given the crushing impact of the coronavirus pandemic on property trades and downward pressure on valuations. Plus, the four firms – Apollo Global, Ares Management, Blackstone and KKR – all reported first-quarter write-downs of 1% to 8.8%. Still, Blackstone presid