While this was a standard press release by the Apollo Group, I gleaned a lot of insight from this simple announcement. In some respects smart money will always be smart. ContraCapital was founded on looking at the real estate asset class and deals, and we continue to see opportunities domestically and even more so overseas. The fact that one of the largest and most revered PE funds is gearing up to commit capital to the space should tell us all something. A true ContraCapitalist is always willing to look in places currently out of favor. Even with the retail inventory glut and the second shoe yet to drop on the commercial side, there are depressed and distressed markets that are offering extremely attractive long term value. In addition to that, there are markets overseas growing underneath the radar. Lots or debt and leverage are currently a bane to most funds. However, those with the capital and patient investors should be generously rewarded as markets further settle in the future.
Related Article
Posts
No comments:
Post a Comment