(Reuters) - Acquisitions such as Blackstone Group's [BG.UL] $23 billion
purchase of Chicago-based Equity Office Properties in
February sent property prices soaring on talk of more such
deals to come, particularly for office REITs.
But valuation and credit concerns have undermined lender
confidence in commercial real estate, threatening private
equity firms' strategy of funding takeovers by flipping
properties soon after completing a deal.
Read more at Reuters.com Bonds News
purchase of Chicago-based Equity Office Properties in
February sent property prices soaring on talk of more such
deals to come, particularly for office REITs.
But valuation and credit concerns have undermined lender
confidence in commercial real estate, threatening private
equity firms' strategy of funding takeovers by flipping
properties soon after completing a deal.
Read more at Reuters.com Bonds News
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