Real Estate Private Equity, or REPE, is a term used to describe an individual or firm making direct investments in real estate using private capital, rather than public capital. This form of investment in real estate is generally thought of as high risk, high return given that the invested capital is most often the first dollar in, and the last dollar out. A firm that raises private capital to make direct investments in real estate is referred to as a real estate private equity firm.
Examples of large U.S. real estate private equity firms include Blackstone Group, Starwood Capital Group, and Carlyle Group.
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