Distressed sales, which include foreclosures and short sales, made up just 2% of total sales in April 2024; the reason there are so few foreclosures available today boils down to elevated home values.
Private equity shop H.I.G. Capital, advised by McDermott Will & Emery LLP, on Wednesday announced that it closed its third European real estate-focused fund after raising roughly $1.3 billion of capital commitments.