Big money will be deployed into cash-deprived real estate funds that have been hit by the coronavirus pandemic. Goldman Sachs announced it closed a $2.75 billion fund, known as Vintage Real Estate Partners II, vastly exceeding the investment firm’s $1.25 billion target. The fund will target the real estate secondaries market, such as limited partnerships and other real estate funds that need capital in order to stay afloat or make new deals. The announcement comes
source https://therealdeal.com/2020/05/21/goldman-sachs-to-juice-cash-strapped-real-estate-owners-with-3b-fund/
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