Search
 
Research

Private Equity CRE Deal Making Poised for Comeback

Investors are currently sitting on a record $324 billion in dry powder.

By Lynn Pollack | February 05, 2021 at 07:28 AM

While COVID-19 threw a wrench in private equity real estate dealmaking and fundraising last year, investors are optimistic that deal values and volumes will pick back up in 2021, according to Preqin.

As of June 2020, assets under management exceeded $1 trillion, up 4.7% since December 2019 and an increase of more than 40% from five years ago. But fundraising in particular was hard-hit by COVID-19: in 2020, 283 funds closed at a value of $118 billion, a significant decrease from the year prior, when 494 funds closed and $179 billion was raised.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.