Newsline

The Employees Retirement System of Texas (ERS) has recently selected long-time investments staffer Amy Cureton as its next managing director of real assets.

Sagard Real Estate, a U.S.-based real estate investment advisor, and subsidiary of Sagard, a multi-strategy alternative asset management firm with $32B-plus of AUM, and Ontario Teachers’ Pension Plan, have completed the acquisition of a 163,402 square-foot industrial facility in Southeast Houston.

Morgan Stanley Real Estate Investing (MSREI), the private real estate investment arm of Morgan Stanley Investment Management (MSIM), raised JPY131 billion (approximately $900 million) for its inaugural North Haven Real Estate Japan Strategy Fund I (JSF).

New Mountain Capital, a growth-oriented alternative investment firm headquartered in New York, announced that funds advised by New Mountain Net Lease have completed the acquisition of a 53-asset net lease portfolio for $640 million.

AEW Europe, a real estate investment and asset managers and an affiliate of Natixis Investment Managers, announced the appointment of Vanessa Roux-Collet as CEO Europe and head of France, based in Paris.

Manulife Investment Management (Manulife IM), a company of Manulife Wealth & Asset Management, and TruAmerica Multifamily, a national, vertically integrated multifamily investment firm, announced the formation of a $1 billion affordable housing joint venture.

The Teacher Retirement System of Texas (TRS) has committed $400 million to real estate funds in August, according to correspondence materials.

The Maryland State Retirement and Pension System (SRPS) has announced a net investment return of 9.8 percent for the fiscal year ending June 30, 2025, surpassing its policy benchmark by 29 basis points and continuing its strong long-term performance trajectory.

Michael Lohmeier, president and CIO at IMPACT Community Capital, discusses in an interview with IREI how the One Big Beautiful Bill Act (OBBBA) can drive more completions beginning in 2026 while attracting greater interest and capital flows from institutional investors. He also examines how these policy changes could play a role in narrowing the affordable housing gap and what they may mean for the broader development landscape.

The Florida State Board of Administration (SBA) deputy CIO, Jim Treanor, has left the organization, according to an SBA spokesperson.

The California State Teacher’s Retirement System (CalSTRS) has committed more than $1.7 billion to real estate funds.

Border to Coast Pensions Partnership has committed $90 million to Heitman U.S. Closed-End Value Fund VI, a program managed by Heitman.

Vantage Data Centers and Yondr Group are said to be in advanced talks regarding the acquisition of a data center campus in Johor, Malaysia.

The potential impact of artificial intelligence (AI) across the real estate investment sector is significant, based on several contributing factors that have historically affected the segment: The high level of specialization required across region, asset type and investment strategy; reliance on research and synthesized data across a wide range of sources, both proprietary and market-based; information exchange across various functional teams and external intermediaries; and complex document and data analysis requirements throughout the investment lifecycle. Historically, this complexity, combined with the siloed and limited nature of market and asset-level information, has led to time-consuming, manual execution processes and limitations to deploying data-centered decision-making at speed and scale.

The U.S. commercial real estate market is undergoing a structural reset following steep interest rate hikes since 2022, according to DavidsonKempner in its September report.

In an interview with IREI, Don MacKinnon, head of commercial real estate and portfolio manager at Sound Point Capital, discusses current trends and opportunities in the U.S. commercial real estate debt market. He outlines how demand is concentrated in light transitional and core-plus lending, particularly for construction takeout and bridge loan refinancing, while noting how interest rate movements and Federal Reserve policy continue to influence borrower behavior and risk assessment. MacKinnon also highlights the structural shift in the commercial real estate lending landscape following the 2023 regional bank stress, the resulting opportunities for private credit firms, and the factors — property, market and sponsor quality — that are central to Sound Point’s underwriting approach.

The Clean Energy Finance Corp. (CEFC) and global investment group La Caisse (formerly CDPQ) have launched a A$250 million ($165 million) landmark, large-scale, diversified agricultural platform to generate high-quality Australian Carbon Credit Units (ACCUs), with Rio Tinto as a foundation offtaker. 

SolaREIT, a solar and battery storage real estate investment company, announced today a new long-term debt commitment with SLC Management.

America’s homes are now worth a record $55.1 trillion, a massive $20 trillion jump since the eve of the pandemic, according to a new Zillow analysis. But growth has slowed in the past year as high costs cooled buyer demand, with U.S. housing gaining a modest $862 billion.

CapitaLand China Trust (CLCT) has announced the divestment of CapitaMall Yuhuating, a well-established community mall in Changsha’s Yuhua District, to CapitaLand Commercial C-REIT (CLCR). The transaction was completed at a final price of RMB813.8 million ($113.79 million).