Fundraising | May 11, 2016 LaSalle launches fifth Asia real estate fund by Zoë Wolff LaSalle Investment Management has launched its fifth Asia opportunity fund.
Transactions | May 10, 2016 Southern California office campus sells for $300m by Andrea Waitrovich Intercontinental Real Estate Corp. has acquired the 546,833-square-foot, four-building office campus in El Segundo, Calif.
Fundraising | May 10, 2016 Madison Realty exceeds $600m target by Andrea Waitrovich Madison Realty Capital has announced the final close for its debt fund.
Investors | May 10, 2016 SBCERS hires RVK as general investment consultant by Zoë Wolff The $2.5 billion Santa Barbara County (Calif.) Employees’ Retirement System has selected RVK as its new general investment consultant.
Fundraising | May 10, 2016 Avanath launches third affordable housing fund by Zoë Wolff Avanath Capital Management has launched its third affordable housing fund.
Investors | May 10, 2016 City of Phoenix commits $25m to real estate by Zoë Wolff The $2.2 billion City of Phoenix Employees’ Retirement System has committed $25 million to real estate.
Transactions | May 9, 2016 German investor purchases warehouse for $105m by Zoë Wolff Frankfurt-based Deka Immobilien has acquired a warehouse in Windsor, Conn., for approximately $105 million.
Transactions | May 9, 2016 Hong Kong investor to buy London office building for £75m by Andrea Waitrovich Hong Kong developer Nan Fung Group is in contract to purchase an office in London.
Research | May 9, 2016 Unemployment rate remains unchanged by Zoë Wolff April saw the addition of 160,000 new jobs in the United States, lower than the average monthly gain of 232,000 over the past 12 months.
Fundraising | May 9, 2016 TerraCap raises $91m for third fund by Zoë Wolff TerraCap Management has raised $91 million for its third fund.
Investors | May 6, 2016 Texas Teachers commits $400m to real estate and infrastructure by Zoë Wolff The $128 billion Teacher Retirement System of Texas has committed $400 million to two funds.
Transactions | May 6, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were a hotel in Manhattan and an office property in Boston.
Deutsche buys Manhattan office building for $240m by Andrea Waitrovich Deutsche Asset Management’s Alternatives and Real Assets division has acquired an office in New York City.
Investors | May 5, 2016 University of California increases real estate allocation by Zoë Wolff The Regents of the University of California have increased the target allocation to real estate for the university system’s $3.2 billion Retirement Plan and $516 million General Endowment Pool.
Research | May 5, 2016 New York City office market bounces back in Q2 by Andrea Waitrovich Transaction volume in the New York City office market during second quarter 2016 already exceeds the first quarter 2016 total.
Fundraising | May 5, 2016 Rubenstein holds first close for real estate fund by Zoë Wolff Rubenstein Partners has raised $368.1 million for its real estate fund.
Investors | May 5, 2016 Pennsylvania pension fund hires new CIO by Zoë Wolff The $25 billion Pennsylvania State Employees’ Retirement System has hired a new CIO.
Investors | May 4, 2016 Florida commits $225m to real estate and infrastructure by Zoë Wolff The $179 billion Florida State Board of Administration has committed $225 million to real estate and infrastructure.
Transactions | May 4, 2016 Another German investor buys Boston office asset by Andrea Waitrovich Frankfurt, Germany–based Deka-Immobilien Global has purchased an office building in Boston, following Union Investment's $602 million purchases in the city.
Research | May 4, 2016 CMBS delinquency rate increases slightly in April by Zoë Wolff The CMBS delinquency rate inched up in April for the second consecutive month.
