Newmark found that commercial real estate lending fell by 52% year-over-year in the second quarter of 2023. Private equity player KSL Capital Partners struck a deal to acquire Hersha Hospitality Trust in an all-cash deal valued at $1.4 billion...
With some publicly-traded REITs beginning to pick up assets from the private markets it may be an indication that they are entering a phase when they tend to deliver the highest returns.