While many investors have halted their CRE acquisitions during the pandemic, one group has been particularly active throughout the year, according to a JLL Trends & Insights article.
Private investors, including those entering the market for the first time, have ramped up their acquisitions. These people are attracted to the lack of competition and record low-interest rates in the market today, according to Sean Coghlan, global director, Capital Markets Research & Strategy at JLL. He also says they are showing interest in "real estate assets of scale."
Family offices have long been players in the CRE space. Their investments in the area have tripled since 2010, and they own assets totaling more than $5 trillion, according to JLL.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
