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Investors | Feb 23, 2022
Fairfield closes $510m development JV
Fairfield has closed on a new development joint venture with $510 million of equity commitments funded by California State Teacher’s Retirement System (CalSTRS) and a sovereign wealth fund. This is the first Fairfield-sponsored vehicle that pairs CalSTRS and a sovereign wealth investor.
Investors | Feb 22, 2022
LMC and CPP Investments form $979m multifamily JV
Canada Pension Plan Investment Board (CPP Investments) and LMC, a wholly-owned subsidiary of Lennar Corp., have formed a new joint venture to develop class A multifamily residential communities across high-growth metropolitan areas in the United States.
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