Talk of a soft landing and the expectation that the Fed would begin lowering interest rates as early as March dominated headlines in the first quarter this year. Real estate investors, however, were not buying it.
Preqin reports that aggregate capital raised declined from $30.8bn in the first quarter compared to previous quarter's $28.5bn in the same period – a move supported by several mega-fund closures.
The biggest was Alterra Mountain Company, a single-asset continuation vehicle managed by KSL Capital Partners and targeting ski resort investments in the US.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 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.
