Pennsylvania schools commits $275m to noncore real estate by Reg Clodfelter The $49.4 billion Pennsylvania Public School Employees Retirement System has committed $275 million to noncore real estate, as confirmed by board documents released this month.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included two office properties in Chicago and Massachusetts.
Harbert raises $110m for latest fund by Andrea Waitrovich Harbert Management Corp. has raised approximately $110 million of the $300 million it is seeking for its latest real estate fund.
Scholastic pays $255m for headquarters Publishing company Scholastic Corp. has agreed to pay $255 million for its headquarters building at 555 Broadway in the SoHo area of Manhattan, according to a Form 8-K.
LACERA approves €100m European industrial commitment by Andrea Waitrovich The Los Angeles County Employees Retirement Association has approved a €100 million ($137 million) commitment to the Prologis Targeted Europe Logistics Fund.
Florida to up real estate allocation by Reg Clodfelter At a recent board meeting, the Florida State Board of Administration voted to up its target allocation to real estate from 7 percent to 10 percent.
Kentucky reaches target allocation to real estate by Andrea Waitrovich The $15 billion Kentucky Retirement System has approved three commitments to three separate real estate funds, reaching its target allocation to the asset class.
Carroll Organization raising capital for third fund by Reg Coldfelter The Carrol Organization has raised $10 million in capital for its third investment fund, Carroll Multifamily Real Estate Fund III, confirms Patrick Carroll, the firm's chief executive.
Tricon holds final close for opportunistic fund by Reg Clodfelter Tricon Capital has held a $334 million final close for Tricon XI, making it the largest fund in the company's history.
North Carolina commits $342m to noncore real estate by Reg Clodfelter The North Carolina Retirement System has committed $341.8 million to noncore real estate this past quarter, as outlined in board documents released this month.
Investors | Dec 16, 2013 Moody's sees improved outlook for toll roads by Reg Clodfelter Moody's Investors Service has raised its outlook on toll roads from negative to stable for the first time since 2009, according to a report released by Moody
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included two New York City office properties.
Oklahoma Teachers to commit $338m to real estate by Reg Clodfelter The $12.8 billion Oklahoma Teachers' Retirement System has decided to commit an additional $338 million to real estate, according to investment committee documents released by the pension fund.
NMSIC invests $50m in MetLife fund by Andrea Waitrovich New Mexico State Investment Council has committed $50 million to MetLife Core Property Fund, a recently launched core open-end fund managed by MetLife Investment Management.
Bridge Investment raises fundraising target on senior housing fund by Reg Clodfelter Bridge Investment Group Partners has increased its fundraising goal on ROC Seniors Housing & Medical Properties Fund from $350 million to $450 million.
Pennsylvania SERS makes $25m follow-on commitment by Andrea Waitrovich The $25.7 billion Pennsylvania State Employees' Retirement System has made a $25 million follow-on commitment to Lubert-Adler Real Estate Fund VII.
REITs struggle through tough November, healthcare hit hardest by Reg Clodfelter After a two-month stretch of encouraging growth following a rough summer, the strong volatility continued in the REIT market as November saw the FTSE NAREIT All Equity REITs index return -4.87 percent.
Rockland Capital closes second power fund by Reg Clodfelter Rockland Capital has closed its second energy fund, Rockland Power Partners II, on Dec. 6 with $425 million in equity commitments, confirms Scott Harlan, a Rockland Capital managing partner.
Blackstone Group invests $128m in China by Andrea Waitrovich The Blackstone Group has invested $128 million into a high-end residential-led development project in Ningbo, China.
Panda Power raises $310m for second fund by Andrea Waitrovich Panda Power Funds has raised $310 million for its second energy-sector fund, Panda Power Fund II.
