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Experts

Matthew Michalovsky

Portfolio Manager

Mr. Michalovsky is an executive vice president and portfolio manager in the Newport Beach office, where he leads the firm's U.S. commercial real estate (CRE) equity and debt-related special situations team. Mr. Michalovsky rejoined PIMCO in 2024 and previously held a similar role with the firm from 2012–2022. He spent the last two years with ArrowMark Partners as head of CRE investments. Earlier in his career, he was a vice president in Deutsche Bank's real estate special situations group. He has 20 years of investment experience and holds an undergraduate degree in quantitative economics from Tufts University.
Economic and Market Commentary

Explore how today’s real estate market offers a rare combination of high yields, risk mitigation, and upside potential. PIMCO experts break down what’s changed in real estate lending, what remains resilient, and how active management is redefining success in both equity and credit strategies.

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