Shows
The Real Estate Market Watch - current events through a real estate lens.Why Affordable Multifamily Outshines Luxury Greg MacKinnon is Director of Research at the Pension Real Estate Association (PREA), where he updates the world's largest institutional investors on portfolio construction, risk, and strategy. His is a vantage point most sponsors never get to hear directly. In this conversation, Greg and I revisited our conversation from two weeks ago to drill deeper into the housing market. His thesis is simple but surprising: the capital flows and risk assessments at the very top of the pyramid are being reshaped by renter bifurcation and the economics of affordability. Here are five questions Greg answered...
2025-09-2246 min
The Real Estate Market Watch - current events through a real estate lens.Institutional Capital's New Real Estate PlaybookInstitutional CRE investing: A market run by allocation math – and uncertainty My podcast/YouTube guest today is Greg MacKinnon, Director of Research at the Pension Real Estate Association (PREA). PREA represents the institutional real estate community - think pension funds, sovereign wealth funds, endowments, and other fiduciaries managing hundreds of billions on behalf of millions of beneficiaries. These are the investors who typically allocate to real estate as part of their overall investment portfolios and who set the tone for how capital flows through the entire real estate market. Greg explains how while institutional real estate remains a roughly 10% sleeve in...
2025-09-0951 min