Fundraising | Mar 4, 2014 Dune raises $359m for third real estate fund by Andrea Waitrovich Dune Real Estate Partners has raised $359 million for its third real estate fund, Dune Real Estate Fund III, according to a filing with the SEC.
Investors | Mar 4, 2014 MainePERS approves potential $25m secondary investment by Reg Clodfelter At a recent board meeting, the $12.2 billion Maine Public Employees Retirement System authorized an acquisition worth up to $25 million for a limited partner position in Westbrook Real Estate Fund IX.
Investors | Mar 4, 2014 CBRE awarded $200m global mandate by Andrea Waitrovich A collection of large Asian insurance companies has awarded a $200 million discretionary global mandate to the separate accounts group of CBRE Global Investors to build a core/core-plus real estate portfolio in the United States and Europe.
Investors | Mar 3, 2014 Malaysia's EPF forms second JV with Goodman by Andrea Waitrovich, released 2/13/14 The Employees Provident Fund of Malaysia and Australia-based Goodman Group has formed a joint venture, called the KWASA Goodman German.
Transactions | Mar 3, 2014 IN-DEPTH: Mirae buys D.C. office for $157m by Andrea Waitrovich South Korea-based Mirae Asset Global Investments, also known as Mirae Asset Financial Group, has purchased an office building in Washington, D.C. Here's an in-depth look at the deal.
Investors | Mar 3, 2014 StanCERA to add $38 million to real estate portfolio by Reg Clodfelter The $1.7 billion Stanislaus County (Calif.) Employees' Retirement Association has decided to up its real estate allocation from 1.5 percent to 3.5 percent.
Transactions | Feb 28, 2014 Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions include an office property in Washington, D.C., and a hotel building in Chicago.
Investors | Feb 27, 2014 Michigan retirement system invests $55m in real estate by Andrea Waitrovich The $761 million Wayne County (Mich.) Employees' Retirement System has invested $55 million in three real estate funds, according to the recently posted minutes of the Feb. 7 meeting.
Fundraising | Feb 27, 2014 Clarion and Campus raise $115m for student housing fund by Andrea Waitrovich Clarion Partners has raised $114.6 million in a first close for its Campus-Clarion Student Housing Partners, according to a filing with the SEC.
Investors | Feb 27, 2014 CalSTRS commits $818m to real estate by Andrea Waitrovich The California State Teachers' Retirement System has invested $818 million in real estate in third quarter 2013, committed in 10 separate investments according to its fourth quarter investment report.
Research | Feb 26, 2014 Commercial loans return 2.9% in 2013 by Reg Clodfelter IPD has released the preliminary fourth quarter 2013 results of the Giliberto-Levy Commercial Performance Index.
Investors | Feb 26, 2014 Chicago Transit Authority to invest $10m in noncore by Andrea Waitrovich The $1.9 billion Retirement Plan for Chicago Transit Authority Employees has plans to commit approximately $10 million to noncore real estate funds, properties or projects.
Fundraising | Feb 26, 2014 AEW raises $174m for opportunistic fund by Andrea Waitrovich AEW Capital Management has raised $174.7 million for its AEW Partners VII, according to a filing with the SEC.
Fundraising | Feb 25, 2014 Bascom exceeds fundraising goal for apartment fund by Andrea Waitrovich The Bascom Group has held an $80 million close for its second discretionary apartment value-added fund, exceeding its $75 million target.
Investors | Feb 25, 2014 Michigan endowment invests $38m in real estate by Andrea Waitrovich The University of Michigan Endowment invested $38.4 million in real estate during 2013, according to the endowment
Fundraising | Feb 25, 2014 IWC reaches fundraising goal by Andrea Waitrovich The International Woodland Co. has held a final close for its IWC Timberland Partners, raising $230 million in equity commitments.
Alaska issues real estate consultant RFP by Andrea Waitrovich The $24.8 billion Alaska Retirement Management Board has issued an RFP for a real estate consultant.
Transactions | Feb 24, 2014 In-Depth: L.A. investors buy historic San Francisco hotel by Andrea Waitrovich The Intercontinental Mark Hopkins hotel in San Francisco has sold to joint venture partners Woodridge Capital and funds managed by Oaktree Capital Management. Here's an in-depth look at the deal.
Investors | Feb 24, 2014 Montana invests $25m in real estate by Reg Clodfelter The $9.4 billion Montana State Board of Investments has committed $25 million to Stockbridge Value Fund II, according to board documents released in preparation for this month's board meeting.
Research | Feb 24, 2014 Portland multifamily continues to shine by Reg Clodfelter After 2013 ended with the best quarter since the global financial crisis for multifamily transactions in Portland, Ore., transaction totals (including pending deals) in first quarter 2014 have already surpassed the year-over-year totals from first quarter 2013 by nearly $10 million with nearly half the quarter to go, according to data from Real Capital Analytics.
