Transactions | Jun 14, 2013 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included two office properties in Manhattan sold by Invesco Real Estate.
Blackstone raises $1.5 billion for Asia fund by Sara Kassabian The Blackstone Group held a $1.5 billion first close for Blackstone Real Estate Partners Asia on June 7.
Cypress raises $195 million for retail fund by Andrea Waitrovich Cypress Equities has raised $195 million for its Cypress Acquisition Partners Retail Fund.
LACERA approves $1.2 billion real estate plan by Sara Kassabian The board of investments of the $39.2 billion Los Angeles County Employees Retirement System (LACERA) has approved a new real estate plan for the upcoming fiscal year.
People | Jun 11, 2013 Cornerstone Real Estate Adviser co-founder passes away by Sara Kassabian Marc Louargand, Ph.D., a leading figure in the commercial real estate investment industry and globally recognized urban economist, passed away suddenly on June 6.
Research | Jun 11, 2013 REITs lose momentum in May by Sara Kassabian U.S. REITs underperformed the broader equity index in May, with equity REITs posting a -5.93 percent return versus the S&P 500 Index's positive gains of 2.34 percent, according to the FTSE NAREIT U.S. REIT Index.
Fundraising | Jun 10, 2013 Brookfield named largest real estate fund manager and core funds dominate by Sara Kassabian Canadian firm Brookfield Asset Management was named largest global fund manager with the highest total real estate assets under management, totaling more than $109 billion in 2012.
Transactions | Jun 10, 2013 IN-DEPTH LOOK: Crown Acquisitions and Highgate venture acquires 650 Madison Ave. from Carlyle for approximately $1.3 billion by Sara Kassabian A joint venture between Crown Acquisitions and Highgate Holdings is under contract with The Carlyle Group to acquire 650 Madison Ave., a trophy office tower in downtown Manhattan, for $1.3 billion.
Transactions | Jun 7, 2013 Recent commercial real estate transactions by Andrea Waitrovich The largest completed transactions included office properties in New York City and Seattle.
Investors | Jun 6, 2013 CCCERA invests $60 million in two real estate funds by Sara Kassabian The $5.95 billion Contra Costa County (Calif.) Employees Retirement Association (CCCERA) has invested in two new real estate funds from existing managers Long Wharf and Invesco Real Estate.
Fundraising | Jun 6, 2013 Sovereign wealth funds in the Middle East shift attention to regional investments by Andrea Waitrovich With $5.3 trillion in aggregate assets under management, global sovereign wealth funds (SWF) are introducing huge amounts of capital in the international investment universe.
Fundraising | Jun 6, 2013 Rockwood raises $511 million for ninth fund by Andrea Waitrovich Rockwood Capital has raised approximately $511 million for its Rockwood Capital Real Estate Partners Fund IX.
Fundraising | Jun 5, 2013 CIM Group raises $450 million for seventh fund by Andrea Waitrovich CIM Group has raised $450.1 million for its CIM Fund VIII.
Investors | Jun 5, 2013 CalSTRS invests $200 million in real estate by Sara Kassabian The $167.2 billion California State Teachers' Retirement System (CalSTRS) committed $200 million to two noncore real estate ventures during the first quarter 2013.
Investors | Jun 4, 2013 Kentucky commits to two real estate funds by Sara Kassabian The $11.4 billion Kentucky Retirement Systems has committed $67 million to two real estate funds.
Fundraising | Jun 4, 2013 Blackstone extends final close for debt fund by Sara Kassabian The Blackstone Group has extended its final close for its Blackstone Real Estate Debt Strategies II.
Fundraising | Jun 4, 2013 Aberdeen extends final close for Asia-focused fund of funds by Sara Kassabian London-based investment manager Aberdeen Asset Management has extended the final close date for Aberdeen Asia III Property Fund of Funds.
Fundraising | Jun 3, 2013 Farmland firm raises $195 million for second fund by Andrea Waitrovich Kinston, N.C.-based U.S. Farming Realty Trust has raised $195 million for its second fund, U.S. Farming Realty Trust II, to invest in farmland.
Fundraising | Jun 3, 2013 RockBridge raises $101 million for sixth fund by Andrea Waitrovich RockBridge Capital has raised $101 million for its sixth fund, RockBridge Hospitality Fund VI.
Investors | Jun 3, 2013 IMRF commits up to $200 million in Blackstone funds by Sara Kassabian The $30 billion Illinois Municipal Retirement Fund (IMRF) has committed approximately $200 million to two real estate funds sponsored by The Blackstone Group.
