New private real estate funds closed with $22 billion in investor commitments in the second quarter, according to a new report by research firm Preqin. That’s the lowest fundraising volume since the first quarter of 2013. In last year’s second quarter, $37 billion worth of new private real estate funds closed around the globe. Preqin blames a “lack of mega funds” for the decline. In the first quarter of 2018, when fundraising also totaled $37 […]
source https://therealdeal.com/2018/08/02/private-real-estate-fundraising-drops-to-lowest-level-since-2013-report/
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