The $33.74 billion in aggregate capital raised for private equity real estate funds in first quarter is down 11.8 percent year-over-year and 36.2 percent below the $52.9 billion raised in first quarter 2019.
The Wall Street Journal argues that Sam Zell’s deal for Monmouth is an illustration that distressed opportunities may not emerge. Blackstone and Starwood Capital increased their offer for Extended Stay America. These are among today’s must reads from around the commercial real estate industry.
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