Real-Estate Funds Have a Problem: Too Much Cash

March 29, 2019

As deadlines approach for spending investor money, fund managers face challenges finding profitable buildings to buy


By Konrad Putzier

March 26, 2019 9:30 a.m. ET


Private real-estate fund managers, sitting on record amounts of cash, are finding it increasingly difficult to spend all that money within the deadlines they promised investors.


Funds with fixed lifespans generally promise investors they will spend the money they commit within three to five years. But as of last June, closed-end real-estate vehicles launched in 2013 and 2014 still held $24.8 billion in dry powder, capital committed by investors that has yet to be spend, according to research and data firm Preqin Ltd. 


Read the full article here. 


Share on Facebook
Share on Twitter
Please reload

More News
Please reload

All U.S. regulated capital market and securities advisory services are provided by Hodes Weill Securities, LLC, a registered broker-dealer with the SEC, and a member of FINRA and SIPC, and internationally, by non-U.S. Hodes Weill affiliates.