Research | May 1, 2013 Commercial real estate returns 2.57 percent in first quarter by Sara Kassabian Commercial real estate returns held steady in first quarter 2013. The NCREIF Property Index (NPI) posted virtually the same returns as in the previous quarter, while the NCREIF Open-end Diversified Core Equity Index (ODCE) recorded a small uptick in the first quarter, according to the National Council of Real Estate Investment Fiduciaries (NCREIF).
Fundraising | Apr 30, 2013 UBS launches $2 billion infrastructure fund by Andrea Waitrovich UBS Global Asset Management has a second UBS International Infrastructure Fund, UBS International Infrastructure Fund II, on the market.
Duke pays $311 million for industrial portfolio by Andrea Waitrovich, released 4/24/13 Duke Realty Corp. has agreed to pay $311 million for an industrial portfolio totaling 4.86 million square feet of space.
Fundraising | Apr 29, 2013 Noble Investments closes second hotel fund by Sara Kassabian Atlanta-based Noble Investment Group has held a final close for the second fund in its hospitality series with $220 million in commitments.
Investors | Apr 26, 2013 NMSIC invests in three new real estate funds by Sara Kassabian The $16.5 billion New Mexico State Investment Council (NMSIC) approved commitments of $175 million to three real estate funds.
Research | Apr 25, 2013 Farmland and timberland post positive returns in first quarter by Sara Kassabian Farmland and timberland have posted positive returns in first quarter 2013, according to the NCREIF Farmland Index and NCREIF Timberland Index.
Investors | Apr 25, 2013 NYSTRS invests $164.6 million in real estate by Sara Kassabian The $88.1 billion New York State Teachers' Retirement System (NYSTRS) has invested $164.6 million in real estate funds since the year began.
Fundraising | Apr 24, 2013 Blackstone raises $1.35 billion for second debt fund by Andrea Waitrovich The Blackstone Group has raised $1.35 billion for its latest real estate debt strategy fund, Blackstone Real Estate Debt Strategies II.
Texas Permanent School Fund issues real estate consultant RFP by Andrea Waitrovich The $26.9 billion Texas Permanent School Fund (TPSF) has issued an RFP for real estate investment consulting services.
Fundraising | Apr 24, 2013 Henderson launches $200 million U.S. student housing fund by Andrea Waitrovich Henderson Global Investors has launched Henderson Student Housing Fund, a $200 million U.S.-focused student housing fund.
Fundraising | Apr 23, 2013 Velocis Partners closes core-plus fund with $135 million by Sara Kassabian Dallas-based Velocis Partners has announced a $135 million final close of its first real estate fund, Velocis Fund I.
Fundraising | Apr 22, 2013 Madison raises $227 million for debt fund by Andrea Waitrovich Madison Realty Capital has raised $227 million for its Sullivan Debt Fund, according to a filing with the Securities and Exchange Commission.
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).
