Capital Markets Update: What Equity Sources are Becoming More Active?

FORT LEE, New Jersey – CapRate recently convened some of the leading capital markets experts in New Jersey’s Gold Coast to discuss whether and why various equity sources – including JV Equity, Foreign Investment, and Crowdfunding – are becoming more active on the Gold Coast. This piece is the first in a series of insider insights into New Jersey’s capital market arena. “Our companies primarily focus on the institutional space, but we do have a lot of middle market business as well, so they have a lot of market knowledge within their township and within their municipality. So a lot of that equity is their own equity, but they do bring in some third party equity as well." - Justin Levitt, Principal at PGIM Real Estate Finance “Well, if the question is “is there a plethora of capital in the equity markets?” then I think everyone knows the answer is yes, but for the right deals. Obviously, we are in the late stages of this global hunger for yield, and we are seeing all of the capital invested in the family space, and international has been strong. In the Washington DC market, which has recovered, half the sales moved to international investors. So I think it’s a very good time in the capital markets from an equity perspective. In terms of opportunity funds, there’s been more raised. A lot of it’s to a very select group, but there is certainly…