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
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
Technological Advancements and Changing Preferences Drive Growth in the Real Estate Market In today’s dynamic real estate market, technological advancements and changing preferences are shaping
Apartment rents have been falling dramatically for several months, and it appears that they will soon be lower than they were a year ago. According
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,
With steeper utility costs and worsening inflation, many citizens in the United States are considering eco-friendly and safe strategies like solar-powered homes and heat pumps.
2022 would have been the year many people finally purchased a home. But as the year comes to a close, first-time purchasers put off realizing
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,
Real estate experts predict that 2023 will be a year of recovery for the real estate market as the trend points to higher demands and
The Current State of the Commercial Real Estate Market The commercial real estate sector is anticipated to experience further decline due to its ongoing underperformance.
The U.S. housing market has been a subject of intense scrutiny, especially given the economic fluctuations and the highest mortgage rates in nearly 23 years.
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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
According to real estate business Zoopla’s most recent house sales price index, which was released on Wednesday, the number of homes sold in the U.K.
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Changing Habits and Economic Ripple Effects In recent years, there has been a significant surge in the global weight loss industry, with more and more people adopting healthier lifestyles