Eric Requenez Discusses Real Estate Fundraising

Private real estate fundraising has recently slowed, though as the midpoint of the year passes, investors have been building an appetite for the property industry that could lift prospects in the second half of 2024.

Asset management partner Eric Requenez discussed this trend in a recent Law360 article. Eric said that investors are being more selective about whom they partner with and what kinds of funds they participate in. Existing funds also haven't had as many investors exiting the vehicles by selling their ownership, so funds aren't putting as much capital back into the hands of investors to then be put to use again, he said.

“That's creating a little bit of a logjam for investors to be able to recycle capital that they would have otherwise been receiving from prior vintages into new vintages,” Eric said.