Findum, Fundum, Farmum
Hey probe!
Real estate transactions ground to a halt during the Great Financial Crisis? For bankers, those days are quickly becoming a distant memory. Near record amounts of capital continue looking for a home in real estate, which is seeing strong interest from coast to coast from larger players who can—and need—to write supersized checks.
“While capital raising by real estate private equity firms has decelerated slightly, it is still a very competitive acquisition market with transaction volumes approaching 2006 levels,†says Andrew McCulloch, a managing director with real estate research and advisory firm Green Street Advisors. “And, with most public REITs trading at sizable NAV discounts and debt capital readily available, the market is ripe for M&A.â€
That’s good news for anyone who relies on deals.
[ Edited by kjrr5 on Date 11/30/2015 ]
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