Investors | Sep 29, 2016 Illinois approves $50m commitment to Harrison Street fund by Jody Barhanovich The $16.5 billion Illinois State Board of Investment has approved a commitment of $50 million to a fund managed by Harrison Street Real Estate Capital.
SWIB invests $150m in U.S. retail fund by Andrea Waitrovich The $87.5 billion State of Wisconsin Investment Board plans invest $150 million in a U.S. retail fund.
Investors | Sep 29, 2016 Alaska to shift $100m from REITs to open-end core fund by Jody Barhanovich The $29 billion Alaska Retirement Management Board is planning to invest $100 million into a U.S. domestic core real estate fund.
Transactions | Sep 28, 2016 Boyd Gaming buys Las Vegas hotel by Andrea Waitrovich Boyd Gaming Corp. has completed the acquisition of ALST Casino Holdco.
Transactions | Sep 28, 2016 Chinese investor buys Croatian hotel by Andrea Waitrovich A China-based investor has purchased a waterfront hotel in Croatia.
Research | Sep 28, 2016 Vacancy rate in Chicago CBD drops to 11.7% by Loretta Clodfelter The direct vacancy rate in Chicago’s central business district has fallen to 11.7 percent in the third quarter.
Investors | Sep 28, 2016 NMERB commits $55m to real estate and energy by Jody Barhanovich The $11.7 billion New Mexico Educational Retirement Board has committed $55 million to real estate and energy infrastructure funds.
Investors | Sep 27, 2016 Massachusetts-based pension searches for value-added real estate managers by Jody Barhanovich The $290 million City of Quincy (Mass.) Contributory Retirement System has launched a search for real estate investment managers.
Investors | Sep 27, 2016 California-based pension extends contract with Callan by Jody Barhanovich The $444 million Mendocino County (Calif.) Employees’ Retirement Association will extend its current investment consulting relationship for two years and issue an RFP.
Fundraising | Sep 27, 2016 M7 holds €175m first close by Andrea Waitrovich M7 Real Estate has held a first close for its latest European investment fund.
Transactions | Sep 26, 2016 Spanish investor buys Union Square building in San Francisco by Andrea Waitrovich Greenstone Realty Advisors and 360 Post have sold San Francisco’s iconic Tiffany Building to a foreign investor.
Transactions | Sep 26, 2016 Clarion Partners buys Boston office property for $311m by Andrea Waitrovich Clarion Partners has purchased an office and laboratory property in Cambridge, Mass.
Investors | Sep 26, 2016 Texas Permanent hires Metropolitan to invest $100m by Jody Barhanovich The Texas State Board of Education has committed $100 million to a secondaries-focused separate account managed by Metropolitan Real Estate Equity Management.
Investors | Sep 26, 2016 South Carolina commits $150m to Greystar fund by Jody Barhanovich The $28 billion South Carolina Retirement System Investment Commission has committed $150 million a fund managed by Greystar Real Estate Partners.
Investors | Sep 26, 2016 North Carolina commits $300m to real estate by Jody Barhanovich The $89 billion North Carolina Retirement Systems has committed $300 million to two noncore real estate funds.