Research | Feb 26, 2014 Commercial loans return 2.9% in 2013 by Reg Clodfelter IPD has released the preliminary fourth quarter 2013 results of the Giliberto-Levy Commercial Performance Index.
Investors | Feb 26, 2014 Chicago Transit Authority to invest $10m in noncore by Andrea Waitrovich The $1.9 billion Retirement Plan for Chicago Transit Authority Employees has plans to commit approximately $10 million to noncore real estate funds, properties or projects.
Fundraising | Feb 26, 2014 AEW raises $174m for opportunistic fund by Andrea Waitrovich AEW Capital Management has raised $174.7 million for its AEW Partners VII, according to a filing with the SEC.
Fundraising | Feb 25, 2014 Bascom exceeds fundraising goal for apartment fund by Andrea Waitrovich The Bascom Group has held an $80 million close for its second discretionary apartment value-added fund, exceeding its $75 million target.
Investors | Feb 25, 2014 Michigan endowment invests $38m in real estate by Andrea Waitrovich The University of Michigan Endowment invested $38.4 million in real estate during 2013, according to the endowment
Fundraising | Feb 25, 2014 IWC reaches fundraising goal by Andrea Waitrovich The International Woodland Co. has held a final close for its IWC Timberland Partners, raising $230 million in equity commitments.
Alaska issues real estate consultant RFP by Andrea Waitrovich The $24.8 billion Alaska Retirement Management Board has issued an RFP for a real estate consultant.
Transactions | Feb 24, 2014 In-Depth: L.A. investors buy historic San Francisco hotel by Andrea Waitrovich The Intercontinental Mark Hopkins hotel in San Francisco has sold to joint venture partners Woodridge Capital and funds managed by Oaktree Capital Management. Here's an in-depth look at the deal.
Investors | Feb 24, 2014 Montana invests $25m in real estate by Reg Clodfelter The $9.4 billion Montana State Board of Investments has committed $25 million to Stockbridge Value Fund II, according to board documents released in preparation for this month's board meeting.
Research | Feb 24, 2014 Portland multifamily continues to shine by Reg Clodfelter After 2013 ended with the best quarter since the global financial crisis for multifamily transactions in Portland, Ore., transaction totals (including pending deals) in first quarter 2014 have already surpassed the year-over-year totals from first quarter 2013 by nearly $10 million with nearly half the quarter to go, according to data from Real Capital Analytics.
In-Depth: Heitman buys Northern California office complex by Andrea Waitrovich Heitman has purchased Parkside Towers in Foster City, Calif. Here's an in-depth look at the deal.
Investors | Feb 21, 2014 SFERS invests in Harrison Street fund by Andrea Waitrovich The San Francisco Employees' Retirement System has committed $50 million to Harrison Street Real Estate Partners IV Co-Investment, according to board documents.
Transactions | Feb 21, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions include a retail property in Texas and an apartment building in Pennsylvania.
Investors | Feb 20, 2014 Illinois Teachers increases real estate allocation by Andrea Waitrovich The $42.75 billion Illinois Teachers' Retirement System has increased the allocation to its $5.1 billion real estate portfolio.
Fundraising | Feb 20, 2014 Blackstone's Asian fund nears $4b fundraising goal by Andrea Waitrovich The Blackstone Group raises an additional $405.5 million for its first Asian exclusive fund.
Number of Asian REITs likely to grow by Jennifer Molloy In just the past five years, the market capitalization of Asian REITs has more than doubled to top $148.6 billion in fourth quarter 2013, helped in large part from the now 114 total listed REITs in Japan, Singapore, Malaysia, Hong Kong, South Korea and Taiwan tracked by the recent fourth quarter 2014 release of The Asian REIT Report.
Investors | Feb 20, 2014 In-Depth: Secondary markets address the needs of investors and portfolios by Andrea Waitrovich As private real estate funds and partnerships become greater components in institutional investors portfolios, says R. Paul Mehlman, a partner at Landmark Partners, secondary markets become management tools for portfolios.
Transactions | Feb 19, 2014 In-Depth: Manhattan's Standard, High Line hotel changes hands by Andrea Waitrovich Andre Balazs Properties, the creator and owner, with its partners Dune Capital Management and Greenfield Partners, of The Standard, High Line hotel in Manhattan, has agreed to sell the hotel.
Investors | Feb 19, 2014 U.S. investors plan $48b in real estate commitments by Alex Eidlin U.S. investors plan to invest $48 billion in real estate in 2014, according to the preliminary results of Institutional Real Estate, Inc.
Cook County issues emerging manager RFP by Andrea Waitrovich The $8.7 billion Cook County (Ill.) Pension Fund has launched a search for a real estate emerging manager.
