People | Mar 15, 2023 CalPERS names Daniel Booth deputy CIO for private markets by Kali Persall California Public Employees' Retirement System (CalPERS) has appointed Daniel Booth to the newly created position of deputy CIO for private markets.
Investors | Mar 15, 2023 Newmark raises $500m programmatic JV for Castle Park Investments by Andrea Zander Newmark has raised a $500 million programmatic joint venture between a global real estate private equity firm and Castle Park Investments.
Investors | Mar 15, 2023 Walton Global announces DST 1031 exchange offering in land-based investments by Released Walton Global, a real estate investment and land asset management company, has opened new DST Growth offering focused on land-based investments.
Transactions | Mar 14, 2023 Obayashi Properties UK buys London's 60 Gracechurch Street by Andrea Zander KGAL Investment Management has sold the office building 60 Gracechurch Street.
Research | Mar 14, 2023 Healthy outlook for U.K. care markets in 2023 by Released Investors capitalize on the persistent demand for quality healthcare property underpinned by the fundamentals of the elder care market.
Investors | Mar 14, 2023 LACERA approves up to $600m for CBRE U.S. Core Partners Fund by Kali Persall The Los Angeles County Employees Retirement Association (LACERA) has unanimously approved a commitment of up to $600 million to the open-ended CBRE U.S. Core Partners Fund, according to a meeting document from March 8.
Investors | Mar 14, 2023 Chicago pension fund searches for new executive director by Kali Persall The Municipal Employees', Officers’ and Officials’ Annuity & Benefit Fund of Chicago (MEABF) has launched a search for a new executive director.
Transactions | Mar 14, 2023 Hines U.S. Property Partners fund makes first NYC purchase by Released Hines U.S. Property Partners (HUSPP), Hines’ flagship commingled U.S. core plus fund, has acquired a retail center in White Plains, N.Y.
Investors | Mar 14, 2023 CIM Group expands real estate credit business to Europe by Released CIM Group has expanded its approximately $10 billion Real Estate Debt Solutions platform to Europe.
Research | Mar 14, 2023 Marcus & Millichap: What bank shutdown means for CRE by Andrea Zander Marcus & Millichap believes the commercial property performance outlooks will generally remain positive, despite the recent troubles in the technology and cryptocurrency sectors causing major deposit outflows at Silicon Valley Bank.
Transactions | Mar 14, 2023 Supermarket Income REIT sells stake for €489m by Andrea Zander Supermarket Income REIT exchanged contracts for the sale of its interest in the Sainsbury’s Reversion Portfolio.
Research | Mar 14, 2023 Oxford Economics: What U.S. bank failures mean for forecasts by Andrea Zander U.S. bank failures and announcements of new liquidity facilities may seem reminiscent of late 2007 but Oxford Economics think this time is very different.
Fundraising | Mar 13, 2023 Pragati Group raises $200m to develop industrial, logistics real estate assets by Kali Persall Pragati Group, a Delhi NCR–based industrial and logistics real estate developer, has raised $200 million of equity capital from a private equity fund based in Singapore.
Investors | Mar 13, 2023 EXCLUSIVE — Portfolio Advisors secures $50m commitment from long-time partner Missouri LAGERS by Kali Persall Portfolio Advisors has raised $50 million from the $10.3 billion Missouri Local Government Employees Retirement System (LAGERS) to support the continuation of real estate secondaries strategy.
Transactions | Mar 13, 2023 CBRE makes strategic acquisition in Southern California by Released CBRE has acquired the Los Angeles and Orange County affiliates of Integra Realty Resources.
Research | Mar 13, 2023 Study: Market uncertainty, regulation and sustainability are the most important innovation drivers by Released Market uncertainty, regulations and sustainability are the most important innovation drivers in the German real estate industry.
Transactions | Mar 13, 2023 CBRE Investment Management acquires 14-asset self-storage portfolio in Southern California and Utah by Released A fund sponsored by CBRE Investment Management has acquired a portfolio of 14 self-storage assets located in Southern California and Utah totaling 8,697 units.
Investors | Mar 13, 2023 CalSTRS outperforms benchmark for real estate despite market volatility by Kali Persall California State Teachers’ Retirement System (CalSTRS) real estate portfolio outperformed its benchmark of the NCREIF Open End Diversified Core Equity, according to the pension fund’s semi-annual performance report.
Transactions | Mar 13, 2023 Walker & Dunlop arranges $131m construction financing for Long Island City residential tower by Released Walker & Dunlop has arranged a $131 million construction loan for 23-10 42nd Road in New Jersey.
People | Mar 13, 2023 Invesco Real Estate promotes Cristiano Stampa and David Kellett to new senior roles in Europe by Released Invesco Real Estate has promoted long-standing executives Cristiano Stampa and David Kellett to two new senior roles in Europe.
