USAA/Admiral value-added fund holds $112 million close by Andrea Waitrovich The $11.6 billion Illinois State Board of Investment has plans to issue an RFP on Nov. 13 for real estate consultants.
Fundraising | Oct 30, 2012 Thayer holds $70 million first close for sixth fund by Andrea Waitrovich Annapolis, Md.-based Thayer Lodging has held a first closing for its sixth institutional hotel fund, Thayer Hotel Investors VI, raising $70 million in equity commitments.
Fundraising | Oct 24, 2012 Devonshire raising $100 million for multifamily fund by Andrea Waitrovich Toledo, Ohio-based Devonshire Fund is seeking to raise $100 million in equity for its Devonshire Multi-Family Fund.
Fundraising | Oct 24, 2012 USAA/Admiral value-added fund nears expected final close by Andrea Waitrovich Admiral Capital Real Estate Fund, a value-added fund sponsored by a partnership between the Admiral Capital Group and USAA Real Estate Co., is scheduled to hold a final close on Oct. 31.
Fundraising | Oct 23, 2012 Westbrook Fund IX nears expected final close by Andrea Waitrovich New York City-based private equity real estate firm Westbrook Partners' latest fund, Westbrook Real Estate Fund IX, is scheduled to hold a final close on Oct. 27.
Transactions | Oct 17, 2012 Alcion sells new Four Seasons Canadian flagship hotel by Andrea Waitrovich Boston-based real estate private equity firm Alcion Ventures has completed the development of a hotel project in Toronto for Four Seasons Hotels & Resorts.
Ram Real Estate raises more than $100 million for third fund by Andrea Waitrovich Ram Real Estate has raised approximately $101 million for its Ram Realty Partners III.
Fundraising | Oct 16, 2012 PREI raises $805 million for its U.S. debt fund by Andrea Waitrovich Prudential Real Estate Investors has held an $805 million final close for its Prudential U.S. Real Estate Debt Fund.
Blackstone holds $13.3 billion close by Andrea Waitrovich The Blackstone Group has held a $13.3 billion final close for its opportunistic real estate fund, Blackstone Real Estate Partners VII.
Carroll Organization plans $200 million core-plus/value-added fund by Andrea Waitrovich Carroll Organization, an Atlanta-based owner-operator of multifamily real estate, has plans to launch Carroll-Bainbridge.
Hines holds $210 million final close by Andrea Waitrovich Hines has closed its Hines U.S. Office Value-Added Venture III with $210 million of equity.
Texas Retirement System commits $125 million by Andrea Waitrovich The $22.3 billion Employees Retirement System of Texas has committed $125 million to two real estate funds.
CalPERS agrees to buy out partner in Chicago-area mall by Andrea Waitrovich The $245.3 billion California Public Employees Retirement System (CalPERS) has agreed to take full ownership of the Chicago area's largest shopping center, Woodfield Mall in Schaumburg, Ill.
Research | Oct 10, 2012 Susan Hudson-Wilson passes away by Andrea Waitrovich Susan Hudson-Wilson, a pioneer in the commercial real estate industry, passed away on Oct. 5 at the age of 60.
Investors | Oct 10, 2012 CarVal holds $205 million final close by Andrea Waitrovich CarVal Investors has closed its CVI Real Estate Value Fund III with $205 million of equity commitments.