Newsline

The largest completed transactions included office properties in Austin and New York City.

The $10.3 billion New Mexico Educational Retirement Board (NMERB) has approved a first-time commitment to Raith Capital Partners' real estate debt fund.

The $5.95 billion Contra Costa County (Calif.) Employees Retirement Association (CCCERA) has approved two follow-on commitments to opportunistic distressed real estate funds.

CNL Healthcare Properties has bought a portfolio of 21 senior housing communities in five states throughout the Pacific Northwest for an aggregate purchase price of approximately $457.3 million.

Avenida Capital has held a first closing for its first institutional fund, Avenida Colombia Real Estate Fund I, raising approximately $68.2 million.

The Blackstone Group has raised an additional $406 million in equity commitments for its Blackstone Real Estate Debt Strategies II.

AMP Capital has raised more than $300 million from 17 institutional investors from Australia, Japan, South Korea, Switzerland and the United Kingdom to complete the first close of the AMP Capital Infrastructure Debt Fund II.

The $24 billion Employees' Retirement System of Texas announced plans to commit up to $235 million to infrastructure in 2014 as part of an overall plan to reach a 4 percent target allocation by 2015.

Greystar Real Estate Partners held a first close for its Greystar Equity Partners VIII on Aug. 6.

Irvine, Calif.–based LBA Realty has launched LBA Realty Fund V, according to a filing with the Securities and Exchange Commission.

CIM Group has raised an additional $103.3 million for its CIM Fund VIII.

RCG Ventures has held a $107 million final close for its third value-added fund, RCG Ventures Fund VIII, exceeding its fundraising goral of $75 million.

The Blackstone Group has raised approximately $1.34 billion for Blackstone Real Estate Partners Europe IV.

The largest completed transactions included an office property in Chicago and an apartment property in Arizona.

The $15.6 billion San Francisco Employees' Retirement System (SFERS) has approved a commitment of up to $52 million to Gateway Real Estate Fund IV, managed by Gaw Capital.

The Blackstone Group has plans to launch a fourth European fund with a $5 billion fundraising goal, according to reports.

The $39.6 billion Teachers' Retirement System of the State of Illinois (TRS) has increased its real estate investments for the 2013

Anne Pfeiffer, senior portfolio manager for JPMCB Strategic Property Fund, an open-end core managed by J.P. Morgan Asset Management Global Real Assets, plans to retire this October.

The $165 million Westfield (Mass.) Contributory Retirement System has announced a search for a real estate investment manager to handle $3 million to $5 million.

Anne Pfeiffer, senior portfolio manager for JPMCB Strategic Property Fund, an open-end core managed by J.P. Morgan Asset Management Global Real Assets, plans to retire this October.