Sep 22 2006 | 12:00am ET
The real estate securities sector is in the midst of a seven-year rally, but as pension funds and endowments increase allocations to the asset class and more real estate-focused funds come to market, one expert warns that the honeymoon won’t last forever, and investors should chose property-focused funds with care.
“As real estate continues to do well, you see more and more funds being launched, but after six or seven years of very strong returns for real estate securities, investors should be thinking about a real estate fund that has the ability to react under any market conditions,” said Christopher Pappas, who is preparing to launch a long/short property-focused hedge fund in the fourth quarter.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…