CalPERS acquires core apartment portfolio in Manhattan by Sara Kassabian and Andrea Waitrovich The $260.4 billion California Public Employees' Retirement System (CalPERS) with its partner GID has purchased two adjacent residential towers.
Research | Apr 18, 2013 About $1.38 billion in commercial real estate traded hands in recent weeks by Andrea Waitrovich In the past couple of weeks, the multifamily sector has completed the most acquisitions, according to data by Real Capital Analytics (RCA).
Fundraising | Apr 17, 2013 LEM Capital raises $203.5 million for third high-yield debt fund by Andrea Waitrovich LEM Capital has raised $203.5 million for its LEM Real Estate High-Yield Debt & Preferred Equity Fund III.
Investors | Apr 16, 2013 LACERS plans additional commitments to real estate by Sara Kassabian Los Angeles City Employees' Retirement System (LACERS) has approved a recommendation from its real estate investment consultant.
Investors | Apr 16, 2013 LACERA commits $350 million to real estate separate accounts by Sara Kassabian The board of investments of the $39.2 billion Los Angeles County Employees Retirement Association (LACERA) has approved an additional $350 million be committed to the pension fund's real estate separate account managers.
Investors | Apr 16, 2013 CalPERS looks to core assets to rebalance real estate portfolio by Sara Kassabian The $260.4 billion California Public Employees' Retirement System (CalPERS) has approved a proposal to change its current real estate investment strategy by extending the investment period by two years.
Investors | Apr 15, 2013 Maine PERS commits $100 million to Mesa West open-end fund by Sara Kassabian The $11.4 billion Maine Public Employees' Retirement System has committed $100 million to Mesa West Core Lending Fund, an open-end fund managed by Mesa West Capital.
Fundraising | Apr 15, 2013 Industry veteran launches U.S. Global Realty Capital by Andrea Waitrovich Greg Genovese, a 25-year commercial real estate and securities industry veteran, has launched U.S. Global Realty Capital (USG).
Fundraising | Apr 15, 2013 Starwood Capital closes opportunity fund with $4.2 billion by Sara Kassabian Greenwich, Conn.-based firm Starwood Capital Group has closed its Starwood Distressed Opportunity Fund IX (SOF IX) with $4.2 billion in commitments from more than 75 global investors.
Fundraising | Apr 12, 2013 Kayne Anderson raises $675 million for opportunistic fund by Sara Kassabian Kayne Anderson Capital Advisors has raised $675 million for Kayne Anderson Real Estate Partners III.
Fundraising | Apr 12, 2013 Prime Finance debt fund closes in excess of $600 million target by Andrea Waitrovich Prime Finance Partners has closed its Prime Finance Partners III fund with approximately $618 million in equity.
Research | Apr 12, 2013 Senior housing market experiences stalled recovery by Sara Kassabian The average occupancy rate for senior housing in the first quarter of 2013 is unchanged, according to data from the National Investment Center for Seniors Housing & Care Industry (NIC).
Fundraising | Apr 10, 2013 PCCP raises $212 million for second fund by Andrea Waitrovich PCCP LLC, a Los Angeles-based investment manager, has raised $212.2 million for second fund.
Fundraising | Apr 10, 2013 Townsend raises $169 million for high-return fund by Andrea Waitrovich The Townsend Group has raised approximately $169.1 million for its Townsend Real Estate Alpha Fund I.
Fundraising | Apr 10, 2013 PCCP raises $212 million for second fund by Andrea Waitrovich PCCP LLC, a Los Angeles-based investment manager, has raised $212.2 million for second fund.
Investors | Apr 10, 2013 Texas Teachers commits $465 million to real estate by Sara Kassabian The $116.09 billion Teacher Retirement System of Texas has made commitments of $465 million to multiple real estate funds.
Fundraising | Apr 9, 2013 Madison raises additional $93 million for fifth fund by Andrea Waitrovich Madison International Realty continues to raise capital for its fifth value-added fund, Madison International Real Estate Liquidity Fund V.
Fundraising | Apr 8, 2013 Equus Capital holds fifth close for value-added fund by Sara Kassabian Philadelphia-based Equus Capital, formerly BPG Properties, has held a fifth close of $157.2 million for BPG Investment Partnership IX.
Fundraising | Apr 5, 2013 Gaw Capital raises $200 million for opportunistic fund by Sara Kassabian Hong Kong-based Gaw Capital Partners has raised $200 million in a second close for its opportunistic fund Gateway Capital Real Estate Fund IV. Gateway Fund IV will make opportunistic investments across property sectors in the greater China region.
Research | Apr 5, 2013 REITs rise 8 percent in first quarter by Sara Kassabian Equity REITS posted a total return of 8.10 percent in first quarter 2013, slightly underperforming the S&P 500 Index
