Multiple Choice
When fund managers collect contributions from multiple sources and "commingle" them to purchase properties, this is referred to as the use of commingled real estate funds. Which of the following institutional investors utilize commingled real estate funds for approximately one-half of their investments in real estate?
A) Investment banks
B) Life insurance companies
C) Real estate advisory firms
D) Pension funds
Correct Answer:
Verified
Correct Answer:
Verified
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