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Sas Mehrara and Jason Herman Quoted in Law360 on 2024 Real Estate Private Equity Landscape
01.05.24
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Sas Mehrara, Head of the Firm’s Real Estate Practice, and Funds Partner Jason Herman were quoted in a Law360 article titled, “Private Equity To Make New Real Estate Plays In 2024,” which discussed the outlook for real estate-related private equity investments and funds in 2024. When describing the important role opportunistic funds play in a more challenging real estate market, Sas explained that, “anytime there's a schism in terms of a dislocation in the market, the opportunistic funds that are well-capitalized do well because they're able to step in and really get assets at distressed levels, as opposed to when things are just ticking along at extremely high valuations.” Jason added that more real estate firms are forming opportunistic credit funds, noting, “I think you'll see continued activity in real estate credit, including acquisition of loan books from failed banks.” Sas further noted that he expects to start seeing more transactional activity occurring beginning in the middle of 2024.
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