Angelo Gordon to launch third Asian fund by Andrea Waitrovich Angelo, Gordon & Co. has plans to launch a third Asian private equity real estate fund in 2014.
Construction to begin on Houston office tower by Reg Clodfelter Hines has announced the construction schedule for 609 Main at Texas, an office tower in Houston being developed by Hines CalPERS Green development fund.
Illinois TRS invests $250m in real estate debt by Andrea Waitrovich, released 10/25/13 The $41 billion Illinois Teachers' Retirement System has committed $150 million to Lone Star Real Estate Fund III.
Investors | Oct 25, 2013 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included a Houston office and a hotel in Charlotte, N.C.
Meadow Partners closes opportunistic fund by Reg Clodfelter Meadow Partners has held a final close of Meadow Real Estate Fund II.
Mass PRIM buys stake in San Francisco property by Andrea Waitrovich The $53.1 billion Massachusetts Pension Reserves Investment Management Board has made a $90 million investment into the acquisition of the 543,000-square-foot 333 Bush St. in San Francisco.
Harrison raises $748m for open-end fund by Andrea Waitrovich Harrison Street Real Estate Capital has raised $748 million for its open-end fund, Harrison Street Core Property Fund.
USS acquires stake in Heathrow Airport Holdings by Drew Campbell London-based Universities Superannuation Scheme, through its subsidiary investment manager, USS Investment Management Ltd., has paid Madrid-based Ferrovial $634 million for an 8.65 percent stake in Heathrow Airport Holdings.
NCREIF Farmland Index reports best third quarter in years by Reg Clodfelter NCREIF has released the results of its third quarter 2013 Farmland Index, and the numbers are certainly improving.
Investors | Oct 23, 2013 CBRE fund to be fully invested by the end of the year by Andrea Waitrovich CBRE Global Investors has invested all of its capital for CBRE Strategic Partners U.S. Value 6, which held a final close in December 2012 with $1.1 billion.
Mapletree closes China fund by Andrea Waitrovich Mapletree Investments held a $1.4 billion final close for its Mapletree China Opportunity Fund II in September.
TerraCap fund holds $102m final close by Andrea Waitrovich TerraCap Partners II, managed by TerraCap Management Corp., has held a $102 million final close.
DRA Advisors holds $450m first close by Andrea Waitrovich DRA Growth & Income Fund VIII, a value-added fund managed by DRA Advisors, has held a $446.5 million first close.
First Reserve begins marketing second infrastructure fund by Reg Clodfelter First Reserve has a second infrastructure fund, First Reserve Energy Infrastructure Fund II, in the market, with a $2.5 billion fundraising goal.
Investors | Oct 21, 2013 IFM announces name change and expansion plans by Drew Campbell IFM Investors, formerly Industry Funds Management, has changed its name, announced plans to open a new office in Japan in early 2014 and bolstered its North American infrastructure debt program with a new executive in New York City.
PSERS makes $150m commitment to infrastructure by Andrea Waitrovich The $49.3 billion Pennsylvania Public School Employees' Retirement has committed $150 million to the International Infrastructure Finance Company Fund.
SFERS invests $65m in opportunistic fund by Andrea Waitrovich The $15.6 billion pension San Francisco Employees' Retirement System has confirmed a $65 million investment to CIM Fund VIII.
Cerberus fund holds $1.4b final close by Andrea Waitrovich Cerberus Capital Management has held a $1.4 billion final close for its third global real estate fund, which is understood to be focusing on distressed opportunities in the United States and Europe.
Singerman holds final close for opportunistic fund by Reg Clodfelter Singerman Real Estate has held a final close for its Singerman Real Estate Opportunity Fund I.
Lone Star real estate fund holds first close by Andrea Waitrovich Lone Star Funds has raised $3.09 billion for its Lone Star Real Estate Fund III in a first close.
