Real estate fundraising seems to be taking a break, or maybe even a long sabbatical. 2016 was slower than 2015, and 2017 is starting off significantly below either of those years. In fact, first quarter 2017 saw less capital raised by funds closing that quarter than any period going back to the beginning of 2013.
From the Current Issue
A total of 44 new investment funds were launched during first quarter 2017, making it the sixth consecutive quarter with that number registering 40 or more. As a group, the 44 new funds are seeking to raise approximately $26 billion.