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February 14, 2025 27 mins

A number of new or emerging managers are attempting to grab market share as the next private real estate capital market cycle takes form.

In this episode, PERE editor Evelyn Lee and Jonathan Brasse, editor-in-chief of the real estate for PEI Group, discuss firms on the fast track to industry prominence, and what their challenges tell us about the sorts of organizations jostling for position in the years ahead.

The discussion is a meditation on PERE’s latest cover story, titled Next Contenders 2025: Asset managers ramping up in real estate.

The episode also includes Lee’s interview with Phill Solomond, head of real estate at Stonepeak, one of the six firms featured in the cover story. The wide-ranging conversation covers everything from how Stonepeak's real estate and infrastructure teams work together on deals, the firm’s key achievements to date as a first-time real estate manager, and the investment opportunities Solomond is seeing in the new market cycle.

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