Investors | Jun 5, 2013 CalSTRS invests $200 million in real estate by Sara Kassabian The $167.2 billion California State Teachers' Retirement System (CalSTRS) committed $200 million to two noncore real estate ventures during the first quarter 2013.
Investors | Jun 4, 2013 Kentucky commits to two real estate funds by Sara Kassabian The $11.4 billion Kentucky Retirement Systems has committed $67 million to two real estate funds.
Fundraising | Jun 4, 2013 Blackstone extends final close for debt fund by Sara Kassabian The Blackstone Group has extended its final close for its Blackstone Real Estate Debt Strategies II.
Fundraising | Jun 4, 2013 Aberdeen extends final close for Asia-focused fund of funds by Sara Kassabian London-based investment manager Aberdeen Asset Management has extended the final close date for Aberdeen Asia III Property Fund of Funds.
Fundraising | Jun 3, 2013 Farmland firm raises $195 million for second fund by Andrea Waitrovich Kinston, N.C.-based U.S. Farming Realty Trust has raised $195 million for its second fund, U.S. Farming Realty Trust II, to invest in farmland.
Fundraising | Jun 3, 2013 RockBridge raises $101 million for sixth fund by Andrea Waitrovich RockBridge Capital has raised $101 million for its sixth fund, RockBridge Hospitality Fund VI.
Investors | Jun 3, 2013 IMRF commits up to $200 million in Blackstone funds by Sara Kassabian The $30 billion Illinois Municipal Retirement Fund (IMRF) has committed approximately $200 million to two real estate funds sponsored by The Blackstone Group.
Transactions | May 31, 2013 Recent commercial real estate transactions by Loretta Clodfelter The two largest completed transactions included office properties in Denver and Minnesota.
Investors | May 30, 2013 Texas ERS plans $345 million in real estate commitments in fiscal year 2014 by Sara Kassabian The $23.8 billion Texas Employees Retirement System (ERS) has outlined a plan to invest up to $1.13 billion in real estate by 2017, according to minutes for the May 21, 2013, board of trustees and investment advisory committee meeting.
Investors | May 30, 2013 New Mexico approves European investment by Andrea Waitrovich The $15.9 billion New Mexico State Investment Council (NMSIC) has approved a commitment of €50 million ($60 million) to Perella Weinberg Partners’ second pan-European real estate fund.
Investors | May 29, 2013 South Carolina invests in opportunistic real estate funds by Andrea Waitrovich The $27.3 billion South Carolina Retirement System Investment Commission (RSIC) has committed $75 million each to two separate opportunistic real estate funds.
Transactions | May 29, 2013 CalPERS buys stake in Russian mall by Andrea Waitrovich The $260.4 billion California Public Employees' Retirement System (CalPERS) is reportedly buying a minority stake in Moscow.
LABF approves draft of RFP and commitment by Andrea Waitrovich The $1.4 billion Chicago Laborers' Annuity & Benefit Fund (LABF) has approved an RFP to be issued for noncore real estate debt.
Investors | May 24, 2013 Illinois TRS commits $75 million to real estate by Sara Kassabian The $39.6 billion Teachers' Retirement System of the State of Illinois has committed $75 million to Oaktree Capital Management to invest in real estate.
Fundraising | May 24, 2013 Lone Star raises $2 billion in five months for LS Fund VIII by Andrea Waitrovich Lone Star Fund VIII (LS Fund VIII), an opportunistic debt fund managed by Lone Star Funds, has raised approximately $2.07 billion.
Transactions | May 24, 2013 CBRE actively invests Strategic Partners U.S. Value Fund 6 by Sara Kassabian CBRE's Strategic Partners U.S. Value Fund 6 has been acquiring properties throughout the United States.
People | May 24, 2013 Bentall Kennedy appoints new senior vice president by Sara Kassabian Steve Lekki has been appointed senior vice president at real estate manager Bentall Kennedy within the portfolio management group.
Transactions | May 24, 2013 Recent commercial real estate acquisitions by Andrea Waitrovich The three largest completed transactions included office properties in New York City, Chicago and Los Angeles.
People | May 23, 2013 Asieh Mansour to retire from real estate research industry by Sara Kassabian Asieh Mansour has announced her departure as head of Americas research at CBRE, where she was based in the firm's San Francisco office.
Fundraising | May 22, 2013 Rubenstein Partners raises $215 million for second office fund by Andrea Waitrovich Rubenstein Parners has raised $215 million for its Rubenstein Properties Fund II.
