Dry Powder and Cycles
Does anybody know of a study that has been done on the relationship between dry powder in real estate funds and the real estate cycle? Any insights would be helpful!
Does anybody know of a study that has been done on the relationship between dry powder in real estate funds and the real estate cycle? Any insights would be helpful!
Career Resources
Bump. Looked up information on this before and couldn’t find anything substantial.
Unfortunately the biggest aggregator of such data (Preqin) has only been around for one cycle as they were founded post-dotcom bubble (2003).
Kind the main issue of real estate data analytics in general, especially outside the US.
Unfortunately yea, it's amazing how prior to 2008 information in real estate was so asymmetric
Just say no to industry corporate slang
Alright - uncalled capital commitments & subscription lines.
Not over cycles, but green street recently came out with a short piece on how there actually isn’t as much dry powder as everyone thinks
Link?
Not to be a nit-picky asshole, but how the fuck does a reputable firm write something like that? Isn't as much dry powder as who thinks? As I do? As you? Are they setting some arbitrary number as what the common consensus on uncommitted capital is, just so they can write something to undermine it? It's just such a stupid piece. Especially when you consider just how little knowledge they have; if you equate "dry powder" with "uncommitted capital" then there is effectively an infinite amount, because for the right deals, people will always find the money.
I don’t know man take it up with them
barrier standing $5.7B tall, when in reality it measures, say, just $1.4B
They quantify it in the article.
Read more at: https://www.bisnow.com/london/news/capital-markets/forget-what-you-hear…
Was trying to find this as well. I'm curious to see the data they are using. I know plenty of firms begging for deals at 50% LTV or less.
How the fuck did I get ms over this? I just said green street put out a piece holy shit
I wouldn't worry too much about bananas and monkey shit. I just checked - I have apparently been given ms 591 times.
https://media2.giphy.com/media/14tvbepZ8vhU40/giphy-downsized.gif" alt="shrug" />
Here's the link to Bisnow: https://www.bisnow.com/london/news/capital-markets/forget-what-you-hear…
And I lol'd at the MS you got
I didn't throw it, but if you're posting something here, you are implicitly standing behind the point being made unless you explicitly say otherwise. Maybe someone didn't like the point you were supporting? IDK
Aut non magnam et aliquam. Sed velit consequatur nihil ipsum recusandae accusantium cupiditate. Praesentium nemo et consequatur dolorem qui maiores eius. Et qui in voluptatibus error eos. Qui possimus dolores nesciunt dolorum quisquam odit qui possimus.
Qui ullam tempore reiciendis ut itaque rerum sunt. Asperiores et dolorem eligendi commodi natus. Sed et aut id accusantium voluptatem. Iusto quas ab earum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...