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The Buyout Show with Fexingo

How Private Equity Is Buying Up Parking Lots

The Buyout Show with Fexingo · 2026-06-01 · 9 min

Episode notes

Private equity has quietly consolidated one of the most undervalued real estate assets in America: parking lots. In this episode, Lucas and Luna break down how firms like LAZ Parking and Propark America have rolled up thousands of surface lots and garages over the past decade. We look at the economics - why parking generates steady cash flow with minimal capex - and the risks, including the threat from autonomous vehicles and changing urban land use. If you've ever parked in a lot owned by a PE-backed operator, you've participated in a roll-up that's worth tens of billions. Specific numbers, real operators, and a look at what happens when the car parks disappear. #PrivateEquity #ParkingLots #RealEstate #RollUp #Consolidation #LAZParking #ProparkAmerica #ABMIndustries #ParkingIndustry #CashFlow #Assets #AutonomousVehicles #UrbanDevelopment #Business #Finance #TheBuyoutShow #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo

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