Four of the largest public investment shops posted positive gross returns on their real estate portfolios last year. An analysis of public filings by advisory firm Hodes Weill & Associates found that returns ranged from 1% to 15%. The unexpected strong results from Apollo Global, Ares Management, Blackstone and KKR came despite each shop taking im- mediate write-downs as the pandemic struck the U.S. late in the first quarter of 2020. Doug Weill, co-founder of the New York adv

Real Estate Investment and Funds Management 2020 Summary: Amid a prolonged pandemic, fewer transactions in 2H 2020; total transaction volume in 2020 below 2018 and 2019 levels Minority sale transactions represented 56% of activity, a significant increase from 2018 and consistent with expectations Volume of transactions targeting managers with sub-$7B AUM continues to grow Themes to Watch in 2021: Strong minority transaction volume as stakes buyers, including Petershill (Goldm

Further consolidation in the real estate investment management industry should be expected this year, driven in part by some of the largest firms acquiring smaller specialists, according to capital advisory firm Hodes Weill. Although COVID-19 restrictions have weighed on M&A activity, three companies that have a strong presence in industrial and logistics real estate have been acquired in recent months: M7 Real Estate, Exeter Property Group and Tritax Management. In a report

Hodes Weill’s vice-president sees significant capital looking to join the party Despite the challenges and downturns of 2020, the indus­trial real estate sector contin­ued to reign as the preferred asset class among investors in 2020. It remained resilient amid the ongoing covid-19 pandemic and continued its strong performance. Despite a decline in overall transac­tion volume from an all-time high in 2019, industrial real estate saw rental rates increase, absorption remained