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The battle of the Bay: How San Francisco, San Jose and Oakland’s real estate markets really stack up

Source: Bizjournals.com | Re-Post MNM Partners LLC 11/27/19

With some of the world’s largest and most active fund managers calling it home, California has always been a leading real estate investment market. On its own, the state constitutes 19% of the private equity real estate (PERE) market in the U.S., and 12% of global PERE assets under management, according to “California Real Estate: The Battle of the Bay,” a recent study of the sector published by accounting and advisory firm EisnerAmper and Preqin, a source of data, insights and tools for alternative asset professionals.

The exponential rise in local property prices also makes California a very attractive destination for private investment. PERE deals in California reached a record total value of $40 billion in 2018, the average size of deals completed in Q1 2019 surpassing the $50 million mark.

The Bay Area, in particular, is experiencing such a steep increase in demand that San Francisco and Los Angeles, traditional PERE hubs, are now competing with up-and-coming markets in both San Jose and Oakland.

Here’s how the real estate market outlooks in the Bay Area’s three anchor >>> https://www.bizjournals.com/sanfrancisco/news/2019/06/21/the-battle-of-the-bay-how-san-francisco-san-jose.html