Carlyle Raises $4.2 Billion for Seventh U.S. Real Estate Fund

  • Targets include apartments, warehouses and office buildings
  • Bargains harder to find as property values 18% above 2007 peak

Carlyle Group LP raised $4.2 billion for its seventh U.S. real estate fund, meeting the top end of its target range, in preparation for more property purchases at a time when prices are at record levels.

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