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.
Blackstone raises $1.5 billion for Asia fund by Sara Kassabian The Blackstone Group held a $1.5 billion first close for Blackstone Real Estate Partners Asia on June 7.
Cypress raises $195 million for retail fund by Andrea Waitrovich Cypress Equities has raised $195 million for its Cypress Acquisition Partners Retail Fund.
LACERA approves $1.2 billion real estate plan by Sara Kassabian The board of investments of the $39.2 billion Los Angeles County Employees Retirement System (LACERA) has approved a new real estate plan for the upcoming fiscal year.
People | Jun 11, 2013 Cornerstone Real Estate Adviser co-founder passes away by Sara Kassabian Marc Louargand, Ph.D., a leading figure in the commercial real estate investment industry and globally recognized urban economist, passed away suddenly on June 6.
Research | Jun 11, 2013 REITs lose momentum in May by Sara Kassabian U.S. REITs underperformed the broader equity index in May, with equity REITs posting a -5.93 percent return versus the S&P 500 Index's positive gains of 2.34 percent, according to the FTSE NAREIT U.S. REIT Index.
Fundraising | Jun 10, 2013 Brookfield named largest real estate fund manager and core funds dominate by Sara Kassabian Canadian firm Brookfield Asset Management was named largest global fund manager with the highest total real estate assets under management, totaling more than $109 billion in 2012.
Transactions | Jun 10, 2013 IN-DEPTH LOOK: Crown Acquisitions and Highgate venture acquires 650 Madison Ave. from Carlyle for approximately $1.3 billion by Sara Kassabian A joint venture between Crown Acquisitions and Highgate Holdings is under contract with The Carlyle Group to acquire 650 Madison Ave., a trophy office tower in downtown Manhattan, for $1.3 billion.
Transactions | Jun 7, 2013 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included office properties in New York City and Seattle.