Global private equity and venture capital funds have a record $2.6T in uncommitted capital waiting to close deals, according to S&P Global. And in recent earnings calls, some of the biggest names in commercial real estate, including Blackstone, Starwood and TPG, said they have billions to spend. But investors and analysts have their doubts about how much of it will be deployed. 
“That dry powder is big capital — they're conservative and they're reasonable — and there's still a huge disconnect between their wants and desires and the market’s wants and desires,” said Jeff Klotz, CEO of the Klotz Group of Cos., which invests primarily in Southeast multifamily assets. While total investment sales… Read the full story here. | 
