While transaction activity in the real estate fundraising market picked up in the first half of the year, fund managers have been giving more control to some of their biggest investors as a way to help alleviate their uncertainties over liquidity and U.S. tariff policies. John Ferguson, chair of Goodwin's Real Estate group, said more commercial properties are trading now than in recent years — an increase that has established more comfort among real estate investors on pricing for various property types. The transactions have also allowed existing funds to get returns to distribute back to their limited partners, he said. "The whole engine seemingly started to turn back on in a way that it had not been over the last three years," Ferguson said. "People are starting to get their heads around the new dynamic, if you will, around some of the geopolitical and trade and tariff issues," Ferguson said. For more, read the Law360 Real Estate Authority article.