Investors | Feb 1, 2016 SBCERA allocates $120m to real estate by Zoë Wolff The $8.1 billion San Bernardino County Employees’ Retirement Association has allocated $120 million for real estate commitments in 2016.
Fundraising | Feb 1, 2016 Niam fund holds €800m final close by Andrea Waitrovich Nordic private equity firm Niam has completed fundraising for its opportunistic real estate fund.
Transactions | Jan 29, 2016 Recent commercial real estate transactions by Andrea Waitrovich The largest transactions were an office complex and an apartment property in Chicago and New York City.
Transactions | Jan 28, 2016 World Wide Group buys Brooklyn apartment for $103m by Andrea Waitrovich World Wide Group has purchased an apartment building in Brooklyn for $103 million.
Research | Jan 28, 2016 World real estate accounts for 60% of all mainstream assets by Andrea Waitrovich The total value of all developed real estate on the globe reached US$217 trillion in 2015, according to Savills.
Fundraising | Jan 28, 2016 JCR Capital holds final close of $329m by Zoë Wolff JCR Capital has held a final close of $329.5 million for its real estate fund.
Fundraising | Jan 28, 2016 Alex. Brown Realty launches ABR Chesapeake Fund V by Zoë Wolff Alex. Brown Realty has launched its fifth Chesapeake real estate fund.
Transactions | Jan 27, 2016 Blackstone buys Pasadena mall for $200m by Andrea Waitrovich The Blackstone Group has purchased a mall in Pasadena, Calif.
Investors | Jan 27, 2016 Montage Hotels & Resorts forms JV with Ares Management by Andrea Waitrovich Montage Hotels & Resorts has formed a partnership with a real estate fund managed by Ares Management.
Investors | Jan 27, 2016 Dutch pension fund forms £600m U.K. residential JV by Andrea Waitrovich Legal & General Capital and Dutch pension fund manager PGGM have formed a £600 million ($855 million) joint venture.
Investors | Jan 27, 2016 Denver pension fund commits $30m to energy fund by Zoë Wolff The $2.1 billion Denver Employees Retirement Plan has committed $30 million to an energy fund.
NYC investor sells Japanese hotel for $166m by Andrea Waitrovich A NYC-based investor is in contracts to sell a 609-room hotel in Japan.
Transactions | Jan 26, 2016 Japanese investor sells Charlotte office for $147m by Andrea Waitrovich KBS REIT III, a nontraded REIT sponsored by KBS Capital Advisors, has paid $147 million for an office in Charlotte.
People | Jan 26, 2016 Vermont pension fund seeks open-end core real estate manager by Zoë Wolff The $150 million Burlington (Vt.) Employees’ Retirement System is seeking a real estate manager.
Investors | Jan 26, 2016 Arizona pension fund commits $40m to real estate by Zoë Wolff The $8.3 billion Public Safety Personnel Retirement System of the State of Arizona has committed $40 million to a real estate.