Vermont seeks new noncore real estate manager by Reg Clodfelter The Vermont Pension Investment Committee is currently accepting proposals from investment firms to manage a noncore real estate mandate (value-add, opportunistic and/or real estate debt) for the system.
Investors | Oct 4, 2013 CBRE Capital Partners debt fund CIO and president leave firm by Andrea Waitrovich Jenna Gerstenlauer, who served as CIO of the CBRE Global Investors Capital Partners debt fund, has departed the firm.
Patria marketing third Brazilian real estate fund by Andrea Waitrovich Brazilian firm Patria Investments has a third Brazilian real estate fund, Patria Brazil Real Estate Fund III.
Australian pension funds set to allocate $75 billion to offshore investment by 2020 by Andrea Waitrovich Australia's superannuation funds have plans to invest $75 billion in overall offshore investments by 2020, with the United States and Europe likely to account for a large portion of investment capital, according to a report by Jones Lang LaSalle
Brookfield raises $299.6 million for second multifamily fund by Andrea Waitrovich Brookfield Asset Management and its affiliate Fairfield Residential Co. have raised $299.6 million for the Brookfield Fairfield U.S. Multifamily Value Add Fund II.
Hancock Timber raises $528.1 million for 12th fund by Andrea Waitrovich Hancock Timber Resource Group has raised $528.1 million for Hancock Timberland XII.
Carmel launches fifth multifamily fund by Andrea Waitrovich Carmel Partners has launched its fifth discretionary institutional real estate investment fund, Carmel Partners Investment Fund V.
N.Y.C. multifamily portfolio sells for $246 million by Andrea Waitrovich The Orbach Group has completed a two-part transaction in New York City.
Sares-Regis Multifamily Fund acquires multifamily property in Denver by Reg Clodfelter Sares-Regis Multifamily Fund, operated by Sares-Regis Group, has acquired Arabella, a community of 156 apartments in Denver, from Fairfield Residential.
Investors | Oct 1, 2013 Paladin's fourth Latin American fund looks for new investors by Andrea Waitrovich Paladin Realty Partners has plans to formally market its fourth Latin American fund, Paladin Realty Latin America Investors IV, to new investors.
Ares Management raises $173 million for value-added fund by Reg Clodfelter Ares Management has raised $173 million for its Ares U.S. Real Estate Fund VIII, formerly AREA Value Enhancement Fund VIII.
Northwestern Mutual set to build office tower in Milwaukee by Reg Clodfelter Northwestern Mutual recently unveiled the design of its new 32-story office tower and common space.
Virginia Retirement commits $50 million to infrastructure by Reg Clodfelter The $58.3 billion Virginia Retirement System has recently approved a $50 million commitment to IFM Australian Infrastructure Wholesale Fund.
Texas Employees Retirement commits $80 million to two funds by Reg Clodfelter The $24.2 billion Employees Retirement System of Texas (ERS) recently made a $60 million commitment to Brookfield Strategic Real Estate Partners and a $20 million follow-on investment in KTR Capital Fund III.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office purchases by The Blackstone Group and Rockrose Development.
Alaska Retirement enters infrastructure sector by Andrea Waitrovich The $23.4 billion Alaska Retirement Management Board (ARMB) has made its first investments in infrastructure, committing $300 million to two open-end infrastructure funds.
SDCERS to invest $190 million in real estate by 2018 by Reg Clodfelter At a Sept. 19 board meeting, the San Diego City Employees' Retirement System (SDCERS) approved a plan proposed by the pension fund's investment consultant, Hewitt EnnisKnupp, to allocate $190 million to real estate by 2018.
New Jersey invests in new China logistics fund by Andrea Waitrovich The $73.67 billion New Jersey Division of Investment has approved a $75 million commitment to GLP China Logistics Fund I.
Regent holds first close for second office fund by Andrea Waitrovich Regent Properties has held a first close for its Regent Office Fund II (ROF II) with $60 million in capital commitments.
Acacia Capital closes multifamily fund by Reg Clodfelter Acacia Capital Corp. held its final close for Acacia Property Corp. 2012 on July 31, raising approximately $171 million.
