Newsline

Almanac Realty Investors, a business unit of Neuberger, has committed up to $300 million of growth capital to SparrowHawk.

Stream Realty Partners has closed on the recapitalization of a portfolio of seven class A industrial assets in Texas.

GARBE Industrial and ARTAR to establish a joint venture.

Institutional investors often see themselves as passive recipients of the technology their investment managers choose. They are the true end customers. Investment managers select, implement and operate the systems that ultimately influence how institutional capital is sourced, underwritten, monitored and reported. Since institutional investors are the customers of investment managers, they hold significant power to define the minimum standards for technology consideration, participation and engagement. They already do this in every other part of the manager selection process. They set expectations for reporting, compliance, governance, transparency and performance. The same influence can and should apply to the technology that underpins every workflow across the investment lifecycle. When institutions recognize this role, they unlock the ability to shape the technologies that will support more efficient processes and stronger fiduciary outcomes for decades to come.

The State Board of Administration of Florida (SBA) has committed $283 million to two joint ventures, including accounts managed by Heitman and Invesco.

The Kansas Public Employees Retirement System (KPERS) has committed up to $100 million to Blue Owl Real Estate Fund VII.

Kern County (Calif.) Employees Retirement Association (KCERA) has committed $100 million to real estate funds, including vehicles managed by Fortress Investment Group and Merit Hill Capital.

The New Mexico State Investment Council (SIC) has committed $500 million to real estate funds.

Blackstone Credit & Insurance has formed a forward flow origination partnership with Harvest Commercial Capital, a small business lending firm, to acquire business loans secured by first lien mortgages on owner-occupied commercial real estate.

The North Carolina Retirement Systems has committed $700 million to real estate funds in November, including vehicles managed by LBA Realty, Northpond Partners and Benefit Street Partners.

The Teachers’ Retirement System of Louisiana (TRSL) has committed $125 million to Cabot Industrial Value Fund VIII, a vehicle of Cabot Properties.

Lincoln Property Co. and PGIM’s real estate business have formed a strategic joint venture partnership to pursue outpatient medical investments across the United States.

The $20.85 billion Ohio Police & Fire (OP&F) has made a $50 million initial commitment to Cloud Capital Fund I, representing the pension fund’s debut investment in a dedicated data center fund.

Momentum is returning to the U.S. office market as major cities like New York; San Francisco; and Washington, D.C., show improving fundamentals and renewed investor confidence. Office building sales climbed nearly 21 percent last year — reaching $64.3 billion, according to MSCI Real Assets — signaling a shift in sentiment as tenants gravitate toward high-quality, well-located space and central business districts regain their footing. For REALM, a direct real estate investment platform backed by more than 80 family offices with more than $10 billion in combined assets under management, this resurgence underscores the strength of its value-added, middle-market strategy. REALM CEO Travis King shares his perspective on what’s driving the recovery, where opportunities are emerging and how family offices are reshaping the future of direct real estate ownership.

The Teacher Retirement System (TRS) of Texas has committed $125 million to Asana Partners Fund IV, according to investment communications.

Crescent Communities and Heitman have formed a second joint venture to invest in Crescent Communities’ single-family build-to-rent platform across key strategic growth markets.

Cannon Hill Capital Partners, a vertically integrated real estate firm, today announced it has entered into a strategic partnership with TriPost Capital Partners.

A joint venture between DFI, an independent pan-European private equity real estate platform, and Evervest, a Danish investment firm, has launched komvi, a new single-family rental (SFR) platform in Denmark.

CTP N.V., owner, developer and manager of logistics and industrial real estate, has entered the Italian market.

M&G Investments (M&G) has plans to invest £1 billion ($1.3 billion) into U.K. multifamily housing to build more than 3,000 rental homes in London and regional cities where there are housing shortages.