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The executives will be the New York-based asset manager's first dedicated heads of real estate since Marcus Sperber departed in 2019.
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Michael Boxer, a managing director, says operators are coming to grips with higher rates and are more willing to transact.
The California-based manager is seeing more opportunities as banks take closer looks at their balance sheets.
In an uncertain market, AllianceBernstein is seeking to balance new lending and investment opportunities with caution
The multifamily sector could be in the crosshairs of the coming distress.
The New York skyline
The Ares-RXR venture comes at a time when transaction activity in the city has started to tick upward and capital is starting to move.
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As another real estate cycle begins, it is the managers investing in debt as well as equity that believe they are best set.
The meeting comes as transaction activity has started to tick up after a slow 2023.
The Federal Reserve has not changed the target rate, which has stood at a level of 5.25-5.5 percent, since July.
Manhattan's world famous skyline from birds point of view.
Blackstone’s president says commercial real estate values are bottoming out and expects an uptick in realizations in H2.
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