Ben Maslan

Apr 4, 2024 | afire.org | William Maher |Taylor Mammen |Ben Maslan

Some recent research argues that more direct approaches to real estate investing can more effectively address the characteristics, opportunities, and risks associated with the current state of commercial real estate. Recent research has found that closed end real estate funds, in aggregate, have broadly underperformed over the past two decades. In particular, Private Equity Real Estate (PERE) funds have not delivered acceptable net returns relative to alternative opportunities, risks, and fees.