To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionCRPTF makes $100m to multifamily fund
The Connecticut Retirement Plans and Trust Funds (CRPTF) has made a commitment to a real estate investment fund, announced Connecticut State Treasurer Shawn Wooden at last week's Investment Advisory Council meeting.
Investments included committing $100 million to Cityview Real Estate Partners VII, an investment opportunity within the CRPTF's real assets allocation focused on generating value-add returns in the multifamily sector by targeting multifamily assets in high-growth markets and middle-income renters.
The commitment is part of the pension fund’s long-term strategic investment plan.
For more fund information, click here for IREI.Q.