In the past three months, trading in private real estate secondaries, including non-traded REITs, BDCs and private placements, has increased by an order of magnitude compared to last year, says the CEO of LODAS Markets.
Wells Fargo CEO Charles Scharf said the bank’s business remained 'strong' despite the recent banking crises, while JPMorgan Chase’s wealth division boasted a YoY net income boost of 36%.
Cresset Real Estate Partners sources private market real estate investment opportunities for high-net-worth investors and family offices. It was a separate company until a partnership was formalized in 2021.