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Strong Real Estate Fundraising Pushes Unspent Funds to a Record $294 Billion

(COSTAR) - 1 years, 1 months ago
 Investors say they plan to draw back from riskier fund types, said Tom Carr, Preqin’s head of real estate. Private real estate fundraising pushed the amount of unspent money to another record, according to private equity data provider Preqin, as investors show signs of growing more wary of risk. Fifty-three funds held a final closing in the third quarter, securing a total of $24 billion. Preqin expects these figures to rise as much as 10 percent......
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