Investors | May 20, 2013 Contra Costa County ERA proposes $241 million investment in private real estate by Sara Kassabian The $5.95 billion Contra Costa County (Calif.) Employees Retirement Association board has proposed an additional allocation of $241 million to invest in closed-end real estate funds.
Fundraising | May 17, 2013 Fowler Multifamily holds first close for apartment fund by Sara Kassabian San Francisco-based Fowler Property Acquisitions Multifamily has held a $310 million first close for its fourth fund.
Transactions | May 17, 2013 Hines sells three Southern California buildings for $550 million by Andrea Waitrovich Hines has entered into a contract with GI Partners to sell three properties in Southern California for approximately $550 million.
People | May 17, 2013 CalSTRS looks for real estate portfolio manager by Andrea Waitrovich The $161.4 billion California State Teachers' Retirement System (CalSTRS) is looking for a real estate portfolio manager.
Investors | May 17, 2013 Recent commercial real estate acquisitions by Andrea Waitrovich The two largest completed transactions included an office in Watertown, Mass., and a hotel in San Jose.
Investors | May 15, 2013 LatAm IV makes Brazilian residential investment by Andrea Waitrovich Paladin Realty Latin America Investors IV has completed an investment in the newly created home building joint venture A-PIMA II.
Fundraising | May 15, 2013 UPDATE: Pathfinder extends final close for residential fund by Andrea Waitrovich Pathfinder Partners LLC has extended its final close for its Pathfinder Partners Opportunity Fund IV to Aug. 31.
Fundraising | May 15, 2013 Madison raises additional $93 million for fifth fund by Andrea Waitrovich Madison International Realty continues a strong fundraising period for its fifth value-added fund, Madison International Real Estate Liquidity Fund V.
Fundraising | May 15, 2013 Aberdeen Asia nears final close for third Asia fund by Andrea Waitrovich Aberdeen Asset Management has plans to hold a final close for its Aberdeen Asia III Property Fund of Funds on May 31, 2013.
Fundraising | May 15, 2013 Kayne Anderson nears final close for third fund by Andrea Waitrovich Kayne Anderson Capital Advisors has planned a final close for its Kayne Anderson Real Estate Partners III on May 31, 2013.
Fundraising | May 14, 2013 International Farming Corp. fund nears final close by Andrea Waitrovich International Farming Corp. has planned a final close for its U.S. Farming Realty Trust II on May 31, 2013.
Fundraising | May 14, 2013 Pathfinder plans final close for residential fund by Andrea Waitrovich Pathfinder Partners LLC has planned a final close for its Pathfinder Partners Opportunity Fund IV on May 31.
Fundraising | May 13, 2013 Brookfield's Brazilian timber fund exceeds fundraising goal by Andrea Waitrovich Toronto-based Brookfield Asset Management has raised approximately $270 million for its Brookfield Brazil Timber Fund II (BBTF II).
Fundraising | May 13, 2013 La Française Real launches €150 million open-end fund by Andrea Waitrovich La Française Real Estate Managers has launched LFP Immo SR 2, an open-end fund with a €150 million ($190 million) equity target.
Research | May 10, 2013 REITs outperform the broader stock market in April by Sara Kassabian U.S. REITs outperformed the broader equity market in April, with All Equity REITs returning 6.33 percent versus the S&P 500 Index’s 1.93 percent, according to the FTSE NAREIT U.S. REIT Index.
Fundraising | May 10, 2013 J.P. Morgan raises $100 million for second Asian infrastructure fund by Andrea Waitrovich J.P. Morgan Asset Management has raised approximately $100 million for its J.P. Morgan Asian Infrastructure & Related Resources Opportunity Fund II US.
People | May 10, 2013 Pensions Infrastructure Platform seeks investment manager by Sara Kassabian The Pension Infrastructure Platform (PIP), a £2 billion ($3.1 billion) fund launched by a group of 10 U.K. pension funds to invest in core infrastructure assets, will begin looking for investment managers.
Transactions | May 10, 2013 Recent commercial real estate acquisitions by Andrea Waitrovich The two largest completed transactions included a mall in Hollywood, Fla., and a mid/high-rise apartment complex in Houston.
Fundraising | May 10, 2013 Oaktree raises $710 million for sixth distress fund by Andrea Waitrovich Oaktree Capital Group has raised $710.3 million for its Oaktree Real Estate Opportunities Fund VI.
People | May 9, 2013 LACERA hires three new separate account managers by Sara Kassabian The $39.2 billion Los Angeles County Employees Retirement System (LACERA) has hired three new separate account managers to invest up to an additional $600 million in real estate.
