Real estate investors sitting on a mountain of dry powder may have to wait another six to 12 months for the lowest valuations to arrive before they pounce on a growing pool of distressed CRE assets.Data analytics firm Preqin estimates there is a more than $205B currently earmarked for investment in CRE in the US. Meanwhile, CRE prices are heading for bargain basement prices as valuations drop: across all sectors, prices have dropped an average of 16%…
Source: $205B of Dry Powder Ready to Pounce on Distressed CRE Assets | GlobeSt