Panelists Say Fear of Missing Out Is Replaced by Fear of Overpaying

Photo L-R: Kevin Wachter (Pine River Capital Management), Michael Eglit (Blackstone), Justin Pattner (KKR)

SAN FRANCISCO—The EisnerAmper Real Estate Private Equity Summit West held last week in San Francisco shed light on the current state of the market for investment, private equity lending, value add opportunities and the latest technology in newly constructed buildings. The one-day event took place in the Julia Morgan Ballroom on California Street with more than 40 panelists, moderators and presenters speaking to a crowd of well-over 300 people.

While none of the panelists think it is time to run for the hills, as Matt Field, chief investment officer with TMG Partners put it, there is some caution in the wind, and for a variety of reasons according to him and other panelists.