The Capital Markets Summit

Simple syndications and GP-LP structures are no longer the only game. Platform investments, co-GP partnerships, joint ventures, SMAs, and continuation vehicles are reshaping how capital meets opportunity in real estate. Top LPs and GPs unpack the new universe of structures and where the smart money is finding edge.

Realizing a successful real estate investment outcome is a combination of the right markets, the right industries, and the right operating business plan. This panel will discuss how institutional darlings work collaboratively between investments and execution, including areas of innovation.

A one-on-one with a senior real estate leader.

Core multifamily is no longer the only residential allocation that matters. Branded residential, build-to-rent, co-living, manufactured housing, and active adult are creating new operating platforms drawing institutional capital. The operators scaling these categories on what is working and where the market is heading.

Banks retreated, and non-bank private credit re-intermediated real estate finance at every rung of the stack. This panel walks that stack — from senior loans to the residential-investor economy, to the pref-equity and mezz gap capital doing more work than ever, to distressed and special situations — mapping where capital is flowing, where it's crowded, and where risk is mispriced.

Open networking lunch.

The standard 12-month apartment lease no longer describes how a growing share of Americans actually live. Co-living trades private square footage for lower cost and built-in community; extended-stay hotels absorb the corporate nomad; short-term rentals flex to everyone in between. Each typology maps to a different fracture in household formation, work, and mobility. Which of these hardens into a durable institutional asset class, and which turns out to be a feature of the cycle?

Industrial is no longer just bulk distribution. Industrial Outdoor Storage, small-bay flex, last-mile micro-distribution, and cold storage are reshaping what the category means to investors. The operators behind these subsectors on capacity, capital, and what comes next.

Family offices have become a defining force in real estate, capitalizing managers and concepts that institutional LPs won't touch for another cycle, and writing some of the largest checks in established sectors. Leading family offices share how they're constructing their RE portfolios in 2026 and where they're leaning in versus pulling back.

AI isn't one real estate story — it's three at once. It needs physical infrastructure to live in (data centers and the power to feed them), it's changing how operators run buildings and how investors underwrite them, and it's spawning entirely new asset classes and business models. This panel maps the winners and losers across all three layers: the infrastructure, the operating edge, and the new ground AI creates.

Hospitality is splitting into a new category of experiential real estate. Surf parks, glamping platforms, branded boutique concepts, and outdoor-hospitality operators are creating institutional-grade product at unit economics traditional hotels can't match. The operators building these brands on how the math works and where the capital is going.

Which asset classes are generating the highest risk-adjusted yields in 2026, and which are on the verge of breaking into the institutional mainstream? Top investors map the categories where capital is repricing fastest, the data points that signal real institutionalization, and the windows still open for early-mover advantage.

A new model is emerging: venture-style platforms that incubate, capitalize, and scale real estate operators. Pioneers in the space discuss the economics, the operator pipeline, and whether the GP Studio becomes a defining structure of the next decade or a vintage-specific phenomenon.

The harder question for real estate managers in 2026 isn't getting an LOI; it's closing a fund and returning capital. This panel covers both sides of the liquidity equation: who is actually raising in this market, who is stuck, and how secondaries, GP-led recaps, and continuation funds are reshaping exit paths across emerging and established strategies.

End-of-day closing.

Closing reception.