| INREV’s recent Capital Sources Survey, suggests a significant structural shift in the balance between debt and equity capital – the main sources of funding for non-listed real estate investment. But, in all, capital is reducing as a result of the financial crisis.
Debt finance, in particular, has taken a battering leaving a significant funding gap, as lenders seek to de-leverage and restore their loan books to 2004 pre-boom debt levels...............................................Full Article: Source
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