New Opportunistic and Multifamily Funds Help Reheat Real Estate Private Equity Market
July 17, 2018 | Mark Heschmeyer | CoStar
Private equity fundraising for real estate shows signs of heating up again in July after a slower pace in the second quarter.
Firms raising money for multifamily and debt investments have been among the first to launch funds this month amid steady activity.
Closed-end private real estate fundraising slowed in the second quarter after two successive quarters of strong capital inflows, according to private equity data provider Preqin. Forty-eight funds secured a combined $23 billion, down from 75 vehicles that raised $38 billion in the first quarter.