Aggressive Betting

摘要

Just a few years ago, managers who specialize in private-equity-like investments in the real estate sector were raising opportunity funds with, at most, $2 billion to $3 billion in buying power. But thanks to a flood of liquidity and the strong performance of commercial real estate, the number of offerings is skyrocketing and managers are experiencing an unprecedented upswing in fundraising, with the top firms bringing in as much as $30 billion in capacity.