For the last two years, the CRE markets have wondered when the big money — the reported huge amounts of capital sitting on the sideline — would re-enter.
Well, we might have our answer now. Head of U.S. equity at PGIM Real Estate Soultana Reigle recently told MarketWatch that big investors seem to be considering potential investments, which is the first step to them getting back in regularly. It would be a market bottom.
"From a valuation perspective, what has been evident to us is that we are flattening out," Reigle told MarketWatch. "People are anxious about missing a window."
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