Friday Aug 02, 2024
ACR Reports Q2 Results, Miami’s Commercial Real Estate Boom, KKR’s Real Estate Strategy
ACRES Commercial Realty Corp. reports its results for the second quarter of 2024, showcasing a GAAP net income of $1.7 million. Meanwhile, Miami's commercial real estate market is defying the national trend and experiencing unprecedented growth. Plus, KKR & Co. reveals its plans to ramp up property acquisitions, signaling a 'sweet spot' year for real estate investments. Join us as we provide insights into the performance of ACR, uncover the factors behind Miami's success, and explore KKR's real estate strategy.
Sources:
https://www.prnewswire.com/news-releases/acres-commercial-realty-corp-reports-results-for-second-quarter-2024-302211370.html
https://www.kuow.org/stories/miami-commercial-real-estate-bucking-national-trend
https://richmondbizsense.com/2024/08/02/the-pipeline-commercial-real-estate-roundup-for-8-2-24/
https://www.bisnow.com/national/news/capital-markets/kkr-sees-stronger-second-half-of-24-as-cre-investor-125336
Outline:
(00:00:00) Introduction
(00:00:40) ACRES COMMERCIAL REALTY CORP. REPORTS RESULTS FOR SECOND QUARTER 2024
(00:03:06) Miami commercial real estate bucking national trend
(00:05:39) The Pipeline: Commercial real estate roundup for 8.2.24
(00:08:12) KKR Says 2024 Could Be 'Sweet Spot' To Buy Real Estate