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.
Landmark launches seventh real estate secondaries fund by Andrea Waitrovich Landmark Partners has launched Landmark Real Estate Fund VII with a $1 billion fundraising goal.
Brookfield Office Properties sells office building in Washington, D.C. by Reg Clodfelter Brookfield Office Properties has sold 2000 L St. N.W. to New York City-based Rockrose Development Corp. for $192 million.
Praedium launches $600 million multifamily fund by Andrea Waitrovich The Praedium Group has an eighth multifamily fund in the market.
Tricon Capital raises an additional $135 million for distressed fund by Andrea Waitrovich Toronto-based Tricon Capital Group announced an additional closing of $135 million for its most recent U.S. distressed residential real estate fund.
Frogmore Property raises £90 million for third fund by Andrea Waitrovich London-based Frogmore Property Co. has raised £90 million ($144 million) for its latest value-added fund, Frogmore Real Estate Fund Partners III.
Niam holds final close for core-plus Nordic fund by Andrea Waitrovich Niam AB, the Stockholm-based pan-Nordic real estate investment manager, has held a €300 million ($405 million) final close.
Angelo Gordon launches European property fund by Andrea Waitrovich Angelo, Gordon & Co. has launched a value-added European real estate fund.
Investors | Sep 23, 2013 Henderson raises $150 million for sixth CASA fund by Andrea Waitrovich Henderson Global Investors has raised $150 million for its CASA Partners VI.
OCERS designates $200 million for noncore investments by Reg Clodfelter The Orange County Employees Retirement System (OCERS) has recently decided to allocate $200 million to noncore real estate investments for the years 2013-2016.
