PDI Picks – 1/28/2019

Real estate debt fundraising is a real downer

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The strategy had a strong run for several years, but that spurt could be over.

Real estate debt seemed to be enjoying its moment in the sun – the strategy has risen annually since 2014, and in 2017, it shot up by almost $13 billion. But it now may be past its heyday, according to PDI Perspectives 2019, our annual LP survey.