Texas Teachers commits $100m to AEW co-investment
The $132.7 billion Teachers Retirement System of Texas has committed a $100 million to a development co-investment vehicle for AEW Senior Housing Investors III.
SHI-III Development Co-Investment I will invest in U.S. senior housing development. Texas Teachers previously committed $150 million to AEW Senior Housing Investors III in May 2016. The fund, which launched in mid-April, recently held a $500 million final close