“Fundraising and the amount of capital sitting on the sidelines that’s ready to deploy is near record highs,” says Aaron Jodka, director of research | U.S. Capital Markets at Colliers. According to Preqin, there is roughly $260 billion in capital that is targeting North American real estate today. That level is down from the high-water mark of $283 billion in 2022, but still a sizable volume by historical standards. “At the end of the day, we’re still at tremendous amounts of investable capital, and the vast majority of this is focused on debt, value-add, and opportunistic strategies,” he says.
Source: Opportunistic Funds Take Aim at Looming Commercial Real Estate Distress – Urban Land Magazine
