Transactions | Jul 15, 2014 TruAmerica buys four apartment complexes for $254.8m by Andrea Waitrovich TruAmerica Multifamily and its joint venture partners have purchased four apartments for approximately $254.8 million.
Transactions | Jul 15, 2014 CalPERS to sell Minneapolis office by Andrea Waitrovich The $288 billion California Public Employees' Retirement System and Hines have plans to sell Washington Square, an office property in Minneapolis, to Shorenstein Properties.
Investors | Jul 14, 2014 SBCERA commits $125m to real estate and infrastructure by Reg Clodfelter The San Bernardino County (Calif.) Employees' Retirement Association has committed $125 million to real estate and infrastructure, divided between two funds.
Fundraising | Jul 14, 2014 Mesirow raises $227m for multifamily fund by Reg Clodfelter Mesirow Financial has raised $226.6 million for Mesirow Financial Real Estate Value Fund II, bringing it nearly halfway to its $500 million fundraising goal.
Fundraising | Jul 14, 2014 Carlyle raises $1.6b for Realty Partners VII by Reg Clodfelter The Carlyle Group has raised $1.55 billion for Carlyle Realty Partners VII, an opportunistic fund that launched November 2013.
Investors | Jul 14, 2014 LA Fire & Police commits $100 million to value-add offices by Reg Clodfelter The approximately $18 billion Los Angeles Fire & Police Pensions has committed $100 million to value-add office strategies.
NMERB increases target to real estate by Reg Clodfelter The New Mexico Educational Retirement Board has increased its target allocation to real estate from 5 percent of its approximately $11 billion in assets to 7 percent.
Fundraising | Jul 14, 2014 NGP raises $1.2b for 11th natural resources fund by Reg Clodfelter NGP Energy Capital Management has raised $1.16 billion for NGP Natural Resources XI, which launched in July 2013 with a $4.8 billion hard cap, according to a filing with the SEC.
Investors | Jul 11, 2014 Illinois commits $60m to real estate, $125m to infrastructure by Reg Clodfelter The Illinois State Board of Investment has committed $30 million each to Ares European Real Estate Fund IV and Oaktree Real Estate Debt Fund, as well as $125 million to IFM Global Infrastructure Fund.
Fundraising | Jul 11, 2014 Blackstone raises $4.2b for Asia fund by Reg Clodfelter The Blackstone Group has raised an additional $660 million since June for Blackstone Real Estate Partners Asia, its first-ever Asian exclusive fund, bringing the total capital raised to $4.19 billion, according to a filing with the SEC.
Transactions | Jul 11, 2014 Recent commercial real estate transactions by Andrea Waitrovich The largest transaction was an office in Chicago.
Fundraising | Jul 10, 2014 McMorgan raises $1.3b for first infrastructure fund by Reg Clodfelter San Francisco-based McMorgan & Co. has now raised $1.33 billion for McMorgan Infrastructure Fund I.
Transactions | Jul 10, 2014 Vornado buys another NYC property for $700m by Andrea Waitrovich Vornado Realty Trust, in partnership with Crown Acquisitions, has agreed to acquire the retail condominium of the St. Regis hotel and the adjacent retail townhouse in New York City.
Transactions | Jul 10, 2014 Lone Star pays $233.5m for 15-property portfolio by Andrea Waitrovich Lone Star Funds has purchased a 15-property portfolio from CommonWealth REIT.
Fundraising | Jul 10, 2014 AllianceBernstein raises $60m for second real estate fund by Reg Clodfelter New York City-based AllianceBernstein has raised $59.4 million for its second real estate fund, AllianceBernstein U.S. Real Estate Partners II.
Transactions | Jul 10, 2014 AG sells 80% stake in €300m Paris office campus by Andrea Waitrovich AG Real Estate has agreed to sell a partial interest in Campus Cristal in Paris to Credit Agricole Assurances and EDF Invest.
Fundraising | Jul 9, 2014 RCG Longview holds final close by Andrea Waitrovich RCG Longview held a final close for its fifth debt fund on June 30.
Investors | Jul 9, 2014 New Mexico commits $50m to Lion Industrial by Reg Clodfelter The $19.2 billion New Mexico State Investment Council has committed $50 million to Lion Industrial Trust.
Research | Jul 9, 2014 REITs advance in June, finish strong second quarter by Loretta Clodfelter U.S. REITs returned 1.07 percent in June, according to the FTSE NAREIT All Equity REITs Index.
Investors | Jul 9, 2014 Three U.S. institutions buy and sell assets by Andrea Waitrovich Three U.S. institutional investors were involved in three real estate transactions.
