Long Wharf holds final close for fourth fund by Andrea Waitrovich Long Wharf Real Estate Partners has held a final close for its Long Wharf Real Estate Partners IV (LWREP IV), raising $253.45 million.
BlackRock completes MGPA acquisition BlackRock has completed the acquisition of MGPA, creating a combined $23.5 billion global real estate investment platform as of the end of June 2013.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included a New York City office property and a Florida hotel property.
California pension plans trade L.A. property in $900 million deal by Larry Gray The California State Teachers' Retirement System completed a textbook high-yield turnaround investment when it recently sold the City National Plaza in Los Angeles to its Sacramento neighbor the California Public Employees' Retirement System for a sales price pegged at more than $900 million by local sources.
Ares Management raises €315.9 million for European fund by Reg Clodfelter Ares Management has raised €315.9 million ($427.3 million) for its Ares European Real Estate Fund IV.
Vermont seeks new noncore real estate manager by Reg Clodfelter The Vermont Pension Investment Committee is currently accepting proposals from investment firms to manage a noncore real estate mandate (value-add, opportunistic and/or real estate debt) for the system.
Investors | Oct 4, 2013 CBRE Capital Partners debt fund CIO and president leave firm by Andrea Waitrovich Jenna Gerstenlauer, who served as CIO of the CBRE Global Investors Capital Partners debt fund, has departed the firm.
Patria marketing third Brazilian real estate fund by Andrea Waitrovich Brazilian firm Patria Investments has a third Brazilian real estate fund, Patria Brazil Real Estate Fund III.
Australian pension funds set to allocate $75 billion to offshore investment by 2020 by Andrea Waitrovich Australia's superannuation funds have plans to invest $75 billion in overall offshore investments by 2020, with the United States and Europe likely to account for a large portion of investment capital, according to a report by Jones Lang LaSalle
Brookfield raises $299.6 million for second multifamily fund by Andrea Waitrovich Brookfield Asset Management and its affiliate Fairfield Residential Co. have raised $299.6 million for the Brookfield Fairfield U.S. Multifamily Value Add Fund II.
Hancock Timber raises $528.1 million for 12th fund by Andrea Waitrovich Hancock Timber Resource Group has raised $528.1 million for Hancock Timberland XII.
Carmel launches fifth multifamily fund by Andrea Waitrovich Carmel Partners has launched its fifth discretionary institutional real estate investment fund, Carmel Partners Investment Fund V.
N.Y.C. multifamily portfolio sells for $246 million by Andrea Waitrovich The Orbach Group has completed a two-part transaction in New York City.
Sares-Regis Multifamily Fund acquires multifamily property in Denver by Reg Clodfelter Sares-Regis Multifamily Fund, operated by Sares-Regis Group, has acquired Arabella, a community of 156 apartments in Denver, from Fairfield Residential.
Investors | Oct 1, 2013 Paladin's fourth Latin American fund looks for new investors by Andrea Waitrovich Paladin Realty Partners has plans to formally market its fourth Latin American fund, Paladin Realty Latin America Investors IV, to new investors.
Ares Management raises $173 million for value-added fund by Reg Clodfelter Ares Management has raised $173 million for its Ares U.S. Real Estate Fund VIII, formerly AREA Value Enhancement Fund VIII.
Northwestern Mutual set to build office tower in Milwaukee by Reg Clodfelter Northwestern Mutual recently unveiled the design of its new 32-story office tower and common space.
Virginia Retirement commits $50 million to infrastructure by Reg Clodfelter The $58.3 billion Virginia Retirement System has recently approved a $50 million commitment to IFM Australian Infrastructure Wholesale Fund.
Texas Employees Retirement commits $80 million to two funds by Reg Clodfelter The $24.2 billion Employees Retirement System of Texas (ERS) recently made a $60 million commitment to Brookfield Strategic Real Estate Partners and a $20 million follow-on investment in KTR Capital Fund III.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office purchases by The Blackstone Group and Rockrose Development.
