Real estate firms are raising billions in debt and equity. Here’s why

As the economy starts to re-open, real estate players are hungry for cash. On Tuesday, CoStar said it would sell $1.25 billion worth of stock, becoming the latest in a half-dozen companies seeking to shore up their balance sheets with new debt and equity. In the past week, commercial brokerage Cushman & Wakefield said it’s selling $400 million in senior notes. Colliers International, Zillow and Vector Group — the parent company of Douglas Elliman —

source https://therealdeal.com/2020/05/21/real-estate-firms-are-raising-billions-in-debt-and-equity-heres-why/