Real Estate Capital Surges in the Second Quarter

 In Commercial, Lending

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

Costar News – Flow of Real Estate Capital Surges

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