Property Firms Decide To Offer Partnerships

18 September 2002 - 11:00am

Two real-estate firms are showing a strong vote of confidence that demand for commercial real estate will continue to grow.

Two real-estate firms are showing a strong vote of confidence that investor demand for commercial real estate in the U.S. will continue to grow. Jamestown, which raises funds in Germany to buy U.S. property, is considering launching later this year limited partnerships for U.S. investors for the first time in its nearly 20-year history. Separately, Behringer Harvard Funds is looking to tap into the increased interest in real estate by individuals looking for alternatives to the stock market...Both firms are seeking to raise capital from individuals who can't afford -- or don't want -- to buy a large commercial property on their own...

Source: REIS, September 15, 2002
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