Real Estate Fundraising Plummets to $67 Billion in first half of 2023

In the initial six months of 2023, the amount of money raised for real estate plummeted to $66.8 billion (€64 billion). This is a significant drop from the $159.5 billion amassed during the same timeframe in 2022, as per the H1 2023 Global Real Estate Report by PitchBook. During this year, only 87 funds have succeeded in accumulating capital for real estate ventures. This is in stark contrast to the 476 funds that managed to do so last year. The report from PitchBook, a financial data and research firm, revealed that the first quarter of 2023 concluded with a mere $11.8 billion. This is the lowest quarterly sum since the third quarter of 2009. The second quarter of 2023 ended with $55.1 billion. Interestingly, 55.2% of this amount is credited to a single fund—Blackstone Real Estate Partners X. This fund secured its position as the largest closed-end private real estate


Fed Imposes Another Interest Rate Hike

The Federal Reserve continues its fight against worsening inflation in the United States as the Fed decides to increase interest rates again. This hike, however,


How the Feds Affect Market Prices

The Federal Reserve, in its century-long establishment, has been a significant player in setting the mood of the stock market and market prices. As the


House Sales were down in November

The National Association of Realtors reported that home sales dipped 7.7% in November. Analysts expected house sales to reach around 4.17 million units sold. However,


Housing Inventory Outlook for September 2023

Housing supply continues around historic lows, particularly at the entry level, supporting demand and maintaining rising housing prices. Nonetheless, new single-family houses have come to


Three surprises for first-time homebuyers

Homeownership has become more and more out of reach for homebuyers due to record-high property prices and rising mortgage interest rates, and first-time buyers may