Real Estate Capital Surges in the Second Quarter
A reported $35.48 billion was raised in the second quarter for acquisitions and refinancings. The total for the first half was $66.43 billion. It took nine months last year to raise the same.
Of what was raised, $5.42 was to be used to repay debt, while $30.5 billion was targeted for acquisitions and investments. $5.49 billion was targeted toward non-property related investments, leaving approximately $25 billion of the money raised for property acquisitions.
At the link there’s much more from CoStar’s Mark Heschmeyer