Sovereign wealth funds are currently exploring the commercial real estate markets in the United States for investment opportunities that offer value and stability, according to Bob Lieber, executive managing director for Island Capital Group LLC.
Speaking with REIT.com during The Real Estate Roundtable’s fall meeting, Lieber said sovereign wealth funds from abroad are interested in investing on both the debt and asset sides.
“We see some of the sovereign wealth fund players coming in on the debt side, wanting to be a little more senior in the capital stack,” he said. “But they’re also looking in the major markets for the major assets and the stability of those returns and trying to buy at a particularly attractive price.”
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