Surge In ODCE Fund Withdrawals Is Another Worrying Sign for Commercial Real Estate
febrero 14, 2023
Article by: Nick Pipitone
Signs of stress are flashing everywhere in the commercial real estate market. A recent one is a group of property funds for institutional investors that ended 2022 with $20 billion in withdrawal requests, according to IDR Investment Management, which tracks open-end diversified core equity funds. That amount is the largest since the financial crisis of the late 2000s, showing how some of U.S. commercial real estate’s most prominent investors are lowering their exposures before an expected further slide in property values.
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