Fundraising | Sep 4, 2014 Stoltz launches $250m real estate fund by Andrea Waitrovich Stoltz Real Estate Partners has launched its fifth fund, the Stoltz Real Estate Fund V, according to a filing with the SEC.
NMSIC commits $75m to European fund by Reg Clodfelter The $19.8 billion New Mexico State Investment Council has committed $75 million to the Ares European Real Estate Fund IV.
Transactions | Sep 4, 2014 LaSalle buys Chicago office property for $210m by Andrea Waitrovich LaSalle Investment Management has acquired 101 N. Wacker Drive from Hines Interests on behalf of client Bayerische Arzteversorgung.
Investors | Sep 4, 2014 Cook County issues RFP for noncore real estate manager by Reg Clodfelter The $8.7 billion County Employees' and Officers' Annuity & Benefit Fund of Cook County has issued an RFP for noncore real estate investment services with a deadline of Sept. 19, 2014.
Investors | Sep 3, 2014 CalSTRS commits $800m to real estate by Andrea Waitrovich The $189.08 billion California State Teachers' Retirement System has invested $800 million into six real estate funds during the quarter ended June 30.
Research | Sep 3, 2014 OCERS' real estate beats benchmark by more than 250 bps by Reg Clodfelter The real estate portfolio of the $11.9 billion Orange County Employees Retirement System beat both its year-to-date and one-year return benchmarks by more than 250 basis points.
Investors | Sep 3, 2014 Blackstone makes another investment in energy by Andrea Waitrovich Affiliates of Blue Water Energy and Blackstone Energy Partners and Singapore's sovereign wealth fund GIC have agreed to lead an initial investment of up to $500 million in Siccar Point Energy.
Research | Sep 3, 2014 CMBS delinquencies rise for first time in 13 months by Reg Clodfelter After 13 consecutive months of declines, CMBS delinquencies increased in July to $32.64 billion, or 4.35 percent of the total CMBS issuance, according to Morningstar.
Transactions | Sep 3, 2014 Principal buys interest in Manhattan office building by Andrea Waitrovich Principal Real Estate Investors has bought a 49 percent interest in 77 Water St., a 26-story office in downtown Manhattan, for $115.2 million.
Transactions | Sep 2, 2014 Irish REIT pays €211m for four-property portfolio by Andrea Waitrovich Ireland's NAMA has sold a 761-unit apartment portfolio for approximately €211 million to Irish Residential Properties REIT.
Transactions | Sep 2, 2014 Thayer buys Florida hotel for $535m by Andrea Waitrovich Thayer Lodging Group has purchased the 998-room Westin Diplomat Resort & Spa in Hollywood, Fla., from Capital Hotel Management.
Investors | Sep 2, 2014 GIC forms JV for residential investments in India by Andrea Waitrovich GIC announced a partnership with Bangalore, India-based developer Brigade Group to jointly invest up to Rs 15 billion ($247 million) in South India.
Investors | Aug 29, 2014 Nebraska invests in four real estate funds by Andrea Waitrovich The $22.6 billion Nebraska Investment Council has invested approximately $162.5 million into four real estate funds.
Transactions | Aug 29, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions are an office asset in New York City and a retail property in Washington, D.C.
Investors | Aug 29, 2014 UPDATED: Illinois TRS searches for real estate consultant, commits $300m to real estate by Andrea Waitrovich The $43.59 billion Illinois Teachers Retirement System has posted an RFP for a real estate consultant and committed $300 million to real estate.
Transactions | Aug 28, 2014 Savanna acquires controlling interest in Queens high-rise by Andrea Waitrovich Savanna and its joint venture partner have acquired a 49 percent partial interest in One Court Square.
Transactions | Aug 28, 2014 New York REIT acquires Twitter HQ for $335m by Andrea Waitrovich New York REIT has closed on its previously announced acquisition of Twitter's headquarters in Manhattan located at 245-249 W. 17th St. in the Chelsea neighborhood.
Research | Aug 28, 2014 Hotel occupancy to hit 20-year high by Andrea Waitrovich The hospitality industry is on track to hit its highest occupancy levels in 20 years in 2015 due to strong gains this year, according to a report by PricewaterhouseCoopers.
Transactions | Aug 27, 2014 Ivanhoé Cambridge sells $1.5b shopping center and office portfolio by Andrea Waitrovich Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has sold a portfolio of shopping centers and office buildings to Cominar REIT.
Transactions | Aug 27, 2014 Three U.K. hotel portfolios sell for more than $1b by Andrea Waitrovich In three separate deals, a total of 168 U.K. hotels were sold for more than £600 million ($1 billion).
