Navigating Preferred Equity in Real Estate

This chapter explores the complexities and rising interest in preferred equity (PREF) within the multifamily real estate sector, particularly in the Sunbelt region. It highlights significant transactions, the role of large financial firms, and the challenges of fluctuating asset valuations and over-leveraging. The discussion emphasizes innovative fundraising strategies and the evolving dynamics of institutional investments and financing structures in the current market landscape.