322. Capturing value in real estate’s new terrain

Real estate is moving from stabilization to selective acceleration, with value creation becoming more targeted, operational, and execution-led. As capital concentrates in select sectors and strategies, leaders need sharper asset selection, disciplined capital structures, and stronger AI-enabled capabilities. Ben Dimson, Tripp Norton, and Aditya Sanghvi discuss how General Partners, Limited Partners, and real estate operators can turn market complexity into an advantage, drawing on research from their recent article. Related insights Real estate builds on new terrain Real estate’s selective recovery How agentic AI can reshape real estate’s operating model 2026 Global Private Markets Report: Private equity−clearer view, tougher terrain Support the show: https://www.linkedin.com/showcase/mckinsey-strategy-&-corporate-finance/ See www.mckinsey.com/privacy-policy for privacy information