Property Firms Decide To Offer Partnerships

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

1 minute read

September 18, 2002, 11:00 AM PDT

By Chris Steins @planetizen

"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..."

Thanks to REIS, Inc.

FULL STORY: Firms to Offer Partnerships In Commercial Real Estate

Sunday, September 15, 2002 in The Wall Street Journal

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