Texas Permanent increases European exposure by Andrea Waitrovich The $25 billion Texas Permanent School Fund has approved a $75 million commitment to AREA European Real Estate Fund IV.
Rockspring nears final close date by Andrea Waitrovich U.K.-based Rockspring Property Investment Managers has a planned final close for its Rockspring TransEuropean Property Limited Partnership V on Dec. 5.
Investors | Nov 21, 2012 Montana Board of Investment commits $40 million to value-added funds by Andrea Waitrovich The $8.1 billion Montana Board of Investment has committed $40 million to two value-added funds.
Quantum Equities’ second fund nears final close by Andrea Waitrovich Seattle-based commercial property developer Quantum Equities has plans to hold a final close for its Cascadia Real Estate Investments II on Nov. 30.
Investors | Nov 15, 2012 Illinois Municipal invests $225 million in real estate by Andrea Waitrovich The $27.4 billion Illinois Municipal Retirement Fund approved the investment of up to $225 million into eight noncore, commingled real estate funds at its Oct. 26 meeting.
Investors | Nov 14, 2012 AEW holds $113 million first close for second senior housing fund by Andrea Waitrovich Boston-based AEW Capital Management has held a $113 million first close for AEW Senior Housing Investors II, its U.S. value-added fund focused on the senior housing sector.
Investors | Nov 13, 2012 Almanac Realty investors closes fund with $819 million by Andrea Waitrovich Almanac Realty Investors, formerly Rothschild Realty, has held a final close for its value-added fund Almanac Realty Securities VI.
Harrison Street raises $391 million for core fund by Andrea Waitrovich Harrison Street Real Estate Capital has raised approximately $391 million for its Harrison Street Core Property Fund, according to a filing with the Securities and Exchange Commission.
Alaska Permanent approves follow-on $200 million to residential real estate by Andrea Waitrovich The $42.3 billion Alaska Permanent Fund Corp. has made an additional commitment of $200 million to California-based company American Homes 4 Rent.
Investors | Nov 8, 2012 Paladin makes first investment in Uruguay by Andrea Waitrovich Paladin Realty Partners, which is active throughout Latin America, has made its first investment in Uruguay through a home-building joint venture platform called Pali-Altius.
Walton Street holds $710 million first close by Andrea Waitrovich Chicago-based Walton Street Capital has held a $710 million initial close for its seventh commingled real estate fund, Walton Street Real Estate Fund VII.
Westbrook holds $1.6 billion final close by Andrea Waitrovich New York City-based private equity real estate firm Westbrook Partners' latest fund, Westbrook Real Estate Fund IX, has held a final close with approximately $1.59 billion raised in equity commitments.
USAA/Admiral value-added fund holds $112 million close by Andrea Waitrovich The $11.6 billion Illinois State Board of Investment has plans to issue an RFP on Nov. 13 for real estate consultants.
Fundraising | Oct 30, 2012 Thayer holds $70 million first close for sixth fund by Andrea Waitrovich Annapolis, Md.-based Thayer Lodging has held a first closing for its sixth institutional hotel fund, Thayer Hotel Investors VI, raising $70 million in equity commitments.
Fundraising | Oct 24, 2012 Devonshire raising $100 million for multifamily fund by Andrea Waitrovich Toledo, Ohio-based Devonshire Fund is seeking to raise $100 million in equity for its Devonshire Multi-Family Fund.
