OCERS designates $200 million for noncore investments by Reg Clodfelter The Orange County Employees Retirement System (OCERS) has recently decided to allocate $200 million to noncore real estate investments for the years 2013-2016.
Wyoming to allocate $250 million to noncore investments by Reg Clodfelter The Wyoming State Loans and Investments Board has decided to allocate an additional $250 million to noncore real estate during the next few years.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included retail purchases by Alexander & Baldwin and Rubenstein Real Estate.
Farmland fund closes, surpassing fundraising goal by Andrea Waitrovich International Farming Corp. (IFC) held a final close for its U.S. Farming Realty Trust II on Sept. 9.
SFERS approves $25 million follow-on investment by Reg Clodfelter The San Francisco Employees' Retirement System (SFERS) has confirmed its approval of a $25 million follow-on investment in Pyramis Global Advisors' Fidelity Real Estate Opportunistic Income fund.
The Townsend Group raises $252.3 million for first opportunistic fund by Reg Clodfelter The Townsend Group has raised $252.3 million for its Townsend Real Estate Alpha Fund I.
CRPTF plans to commit $250 million to open-end core funds by Reg Clodfelter The $26.8 billion Connecticut Retirement Plans and Trust Funds (CRPTF) has decided to make commitments to three open-end core funds.
European real estate investment managers to merge by Andrea Waitrovich Paris-based BNP Paribas Real Estate has announced the acquisition of Munich-based iii-investments GmbH, a subsidiary of HypoVereinsbank, UniCredit Group.
PCCP launches $1 billion debt fund by Andrea Waitrovich PCCP has launched a sixth fund, PCCP Credit VI, with a $1 billion fundraising goal.
Savanna Partners raises $105.3 million for third value-added fund by Andrea Waitrovich Savanna Partners has raised $105.3 million for its Savanna Real Estate Fund III.
RCG Longview raises $172 million for its fifth debt fund by Reg Clodfelter RCG Longview has raised $172 million for its RCG Longview Debt Fund V, according to a filing with the Securities and Exchange Commission.
Moody's/RCA CPPI increases 1.5 percent in July by Reg Clodfelter Commercial property prices continue to recapture the value they lost post-global financial crisis.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included Cousins Properties' $1.1 billion Texas office acquisition.
Merlone Geier holds final close by Andrea Waitrovich Merlone Geier Partners has held a $900 million final close for its 11th fund, Merlone Geier Partners XI.
DivcoWest launches fourth value-added fund by Andrea Waitrovich DivcoWest has launched a fourth value-added fund, DivcoWest Fund IV.
Pennsylvania SERS approves $50 million commitment by Andrea Waitrovich The $25.7 billion Pennsylvania State Employees' Retirement System (SERS) has invested $50 million in Regional Real Estate Investment Corp.
Montana State Board makes follow-on core investment by Andrea Waitrovich The $8.5 billion Montana State Board of Investments approved a $40 million commitment to TIAA-CREF Asset Management Core Property Fund, managed by TIAA-CREF Asset Management.
Recent commercial real estate acquisitions by Andrea Waitrovich The largest completed transactions included office properties in Denver and New York City.
Fundraising | Sep 5, 2013 Torchlight raises $420 million for fourth debt fund by Andrea Waitrovich Torchlight Investors, formerly ING Clarion Capital, has raised $420 million for its Torchlight Debt Opportunity Fund IV.
Korea Investment Corp. targets $10 billion in alternatives by Drew Campbell Korea's sovereign wealth fund -- Korea Investment Corp. -- plans to allocate up to $10 billion to alternatives such as real estate and infrastructure by 2016, reports Bloomberg News.