Investor commitments add to confidence the market has bottomed
Sizable fund commitments from New York and Sacramento and positive noises from New Mexico and Austin are adding to indications of green shoots for the next cycle.?
Expert analysis by Harrison Connery
Sizable fund commitments and rising real estate allocations communicated in the last week demonstrate some investors believe the market has bottomed. They are expecting to benefit from being early movers.
The New York State Common Retirement Fund this week unveiled $800 million in commitments to real estate funds made in September. Half was committed to...