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.
Investors | May 21, 2013 New Jersey invests $395 million in European vehicles by Andrea Waitrovich The $73.67 billion New Jersey Division Investment has committed approximately $395 million to three European real estate funds.
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.
