PCCP raises $209 million for its sixth fund by Andrea Waitrovich PCCP has raised $209 million for its PCCP Equity VI, according to a filing with the Securities and Exchange Commission.
Apartment fund holds $357 million final close by Sara Kassabian San Francisco-based FPA Multifamily has surpassed its equity target and raised $357 million for its fourth fund, FPA Apartment Opportunity Fund IV.
IN-DEPTH LOOK: Principal Real Estate Investors and Simone Investment venture acquires Washington Harbor by Ross Dohrmann Principal Real Estate Investors and Korean pension funds advised by Simone Investment have formed a joint venture to buy Washington Harbor complex from MRP Realty and Rockpoint Group.
UPDATE: TriGate Capital holds final close for TriGate Property Partners II by Sara Kassabian Dallas-based firm TriGate Capital will hold the final close for its opportunistic fund, TriGate Property Partners II, sometime this week.
Crow Holdings nears final close by Andrea Waitrovich Crow Holdings Capital Partners is approaching a scheduled final close date for its Crow Holdings Realty Partners VI.
TriGate fund approaches final close by Andrea Waitrovich TriGate Capital has a planned final close for its TriGate Property Partners II.
Transactions | Jun 21, 2013 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included office properties in Los Angeles and Metairie, La.
Connecticut retirement fund considers commitment to USAA by Sara Kassabian The $26.3 billion Hartford, Conn.-based Connecticut Retirement Plans and Trust Fund (CRPTF) is reviewing a $100 million commitment to USAA Eagle Real Estate Fund.
Trends support promising apartment market outlook by Ross Dohrmann The residential market is slowly recovering, but not in a conventional manner. According to Marcus & Millichap
SDCERA issues real estate consultant RFP by Andrea Waitrovich The $9.2 billion San Diego County Employees Retirement Association (SDCERA) has issued an RFP for a real estate consultant.
Gaw Capital holds third close for opportunistic real estate fund by Sara Kassabian Hong Kong-based Gaw Capital Partners has raised a total of $780 million for Gateway Real Estate Fund IV.
Maine PERS commits $25 million to opportunistic fund by Ross Dohrmann The $11.6 billion Maine Public Employees Retirement System (PERS) has made a first-time investment into a fund sponsored by Boston-based High Street Advisors.
Lone Star launches $6 billion real estate fund by Andrea Waitrovich Lone Star Funds has launched a $6 billion fund Lone Star Real Estate Fund III.
Illinois TRS commits $275 million to real estate by Sara Kassabian, Andrea Waitrovich The $39.6 billion Teachers' Retirement System of the State of Illinois (TRS) has confirmed it invested additional capital with GI Partners.
Transactions | Jun 18, 2013 Manhattan office market soars to new heights by Ross Dohrmann Manhattan has always been the cornerstone of the American business world. As such, it holds a lofty position among commercial real estate investors, especially risk-averse institutional investors who covet high-quality, income-producing core properties.
Research | Jun 18, 2013 Economic recovery creates positive impact on U.S. hotel sector by Sara Kassabian Hotel occupancy rates are expected to increase throughout the rest of the year due to the approaching summer travel season as consumer confidence strengthens, according to the Marcus & Millichap's Second Quarter Hospitality report.
Research | Jun 18, 2013 Office market boosts as hiring builds momentum by Sara Kassabian The U.S. office market has begun to stabilize in its recovery as hiring starts to pick up and construction remains below its pre-recession levels, according to Marcus & Millichap's Second Quarter Office Outlook report.
Riverstone raises $6.8 billion for global energy fund by Andrea Waitrovich Private equity firm Riverstone Holdings has held a $6.8 billion first close for its Riverstone Global Energy & Power Fund.
New Jersey Division of Investments to sell nearly $1 billion in secondaries by Sara Kassabian The $75.6 billion New Jersey Division of Investments has sold its interest in 25 real estate private equity funds.
Transactions | Jun 14, 2013 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included two office properties in Manhattan sold by Invesco Real Estate.
