Deal
Additionally, a slowdown in private-equity acquisitions in realestate is not likely to devalue the retail sector becauseestablished public REITs like Simon Property Group and GeneralGrowth Properties are more experienced at running their assets,said John Kris, a Moody's managing director. "They have bettersystems, better people and a better platform," he said at theevent, held at the Ritz Carlton in Downtown Manhattan.
Since 2006 in the US, investors have spent $100 billion on realestate acquisitions, and 80% of those dollars were allocated byprivate-equity firms, said Seth Weintrob, a managing director atMorgan Stanley Real Estate. "I imagine that's going to slowsubstantially," he said, prediction a drop off between 50% and 75%next year.
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