As of 2011,nearly 88% of private commercial real estate equity was owned by "noninstitutional investors." Which of the following investor categories represents the most common form of noninstitutional ownership?

Question

Quizplus · Accepted Answer

Local syndications and private equity funds are the most common form of noninstitutional ownership of private commercial real estate equity. These groups are typically made up of individuals, families, or small investment groups who pool their resources to invest in real estate projects. Pension funds and life insurance companies are considered institutional investors, while sole proprietorship ownership of commercial real estate is relatively rare.

As of 2011,nearly 88% of Private Commercial Real Estate Equity