Transactions | Feb 7, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions include a retail property in Washington state and an industrial property in California.
Transactions | Feb 6, 2014 Global transaction volumes at highest level since 2007 by Reg Clodfelter Global commercial property transaction sales were greater than $1.1 trillion in 2013, increasing 27 percent from 2012 and exceeding $1 trillion for the first time since 2007.
Transactions | Feb 6, 2014 IN-DEPTH LOOK: Greenland Group buys L.A. plot by Andrea Waitrovich Joint venture partners the California State Teachers' Retirement System and IDS Real Estate Group have sold five parcels in Los Angeles.
Fundraising | Feb 5, 2014 Latitude fund holds $404m final close by Reg Clodfelter Latitude Management Real Estate Investors has held an approximately $404 million final close on Latitude Management Real Estate Capital III, the latest fund in the firm's first-mortgage bridge loan fund series.
Fundraising | Feb 5, 2014 Siguler raises $176m for second distressed fund by Andrea Waitrovich Siguler Guff & Co. has raised $176.4 million for its Siguler Guff Distressed Real Estate Opportunities Fund II, according to a filing with the SEC.
Investors | Feb 4, 2014 NYSTRS continues investments in noncore strategies by Andrea Waitrovich The $95.4 billion New York State Teachers' Retirement System has approved a €147.57 million ($200 million) commitment to The Blackstone Group's Blackstone Real Estate Partners Europe IV.
Investors | Feb 4, 2014 NJDI makes $140m follow-on commitment by Andrea Waitrovich The 76.67 billion New Jersey Division Investment has made a follow-on commitment to Wheelock Street Capital's real estate series during its Feb. 3 meeting.
Research | Feb 3, 2014 ODCE posts best fourth quarter since 2010 by Andrea Waitrovich, released 1/31/14 The NCREIF Open-end Diversified Core Equity Index posted a 3.17 percent return in the fourth quarter. The index returned 3.56 percent in third quarter 2013 and 2.35 percent in fourth quarter 2012.
Fundraising | Feb 3, 2014 Miller Global has final close for seventh fund by Reg Clodfelter Miller Global Properties has held a $230 million final close for its Miller Global Fund VII.
Investors | Jan 31, 2014 New Mexico commits $120 million to real estate by Reg Coldfelter The $18.5 billion New Mexico State Investment Council has approved three real estate investments totaling $120 million.
Investors | Jan 31, 2014 Orange County commits $125 million to real estate by Reg Clodfelter The $11.1 billion Orange County Employees Retirement System has committed a total of $125 million to two separate real estate funds, the Oaktree Real Estate Debt Fund and the True North Real Estate Fund III.
Fundraising | Jan 31, 2014 Tristan Capital fund holds €950m close by Andrea Waitrovich Tristan Capital Partners has announced the final equity raise for its European Property Investors Special Opportunities 3 at €950 million ($1.3 billion), exceeding its original target by 25 percent.
Transactions | Jan 31, 2014 Large funds dominate fundraising activity by Larry Gray Only 23 private equity real estate funds recorded final closings during fourth quarter 2013, according to Institutional Real Estate FundTracker.
Transactions | Jan 31, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich Two hospitality assets were among the largest completed transactions; the hotel properties are located in South Florida and East St. Louis, Ill.
Investors | Jan 30, 2014 Garrison Investment raises $153m for third fund by Andrea Waitrovich Garrison Investment Group has raised $153.2 million for its third real estate fund, according to a filing with the SEC.
Investors | Jan 30, 2014 New York Teachers commits $535m to real estate by Reg Clodfelter The $95.4 billion New York State Teachers' Retirement System committed $534.8 million to real estate funds in the fourth quarter of 2013, according to board documents released yesterday.
Fundraising | Jan 29, 2014 AENO raises $500m for U.S. drilling investment by Andrea Waitrovich American Energy - NonOp, an affiliate of American Energy Partners, has raised $500 million in equity commitments to pursue a business plan focused on the acquisition of non-operated working interests in various onshore basins in the United States.
Fundraising | Jan 29, 2014 GreenWood raises $400m for timber fund by Andrea Waitrovich GreenWood Resources Capital Management has held a $400 million close for its Global Timber Resources fund, according to a filing with the SEC.
People | Jan 28, 2014 Sacramento County continues search for real assets manager by Jody Barhanovich The $7.5 billion Sacramento County (Calif.) Employees' Retirement System is searching for a strategic investment partner for the management of secondary infrastructure and real assets investments, according to board documents.
People | Jan 28, 2014 PennSERS retains Townsend as real estate consultant by Reg Clodfelter At a Jan. 22 board meeting, the $26.2 billion Pennsylvania State Employees' Retirement System approved a motion to enter into a new, one-year contract with The Townsend Group to retain the firm as the retirement system's real estate investment consultant.
