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Core Real Estate Funds In Trouble As Market Stumbles

by therealdeal.com posted 7months ago 35 views
Pension fund investors are seeking to take cash out of real estate funds as property values fall, putting managers of those funds in a difficult position. More than 15 of the 25 open-ended “core” funds tracked by the National Council of Real Estate Investment Fiduciaries have investors seeking to collect on tens of billions of dollars worth of investments, the Wall Street Journal reported, citing industry insiders. Those 25 funds had a total of $267.1 ... [more] The post Core real estate funds delay investors from cashing out appeared first on The Real Deal South Florida.

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