CalPERS Endures $4.2 Billion Quarterly Loss in Real Estate
By Jon Peterson The California Public Employees’ Retirement System lost $4.2 billion of value in its real-estate portfolio during the second quarter of...
CalPERS, CalSTRS Big Investors in New Private Equity and Real Estate Fund
By Jon Peterson California’s two largest public pension systems have committed $900 million to the latest commingled investment fund of Menlo Park-based GI...
Broadreach To Raise Third Fund
By Sharon Simonson Broadreach Capital Partners, the Palo Alto real estate investment company founded in 2002 by former executives of the hugely successful...
Bay Area Real Estate ‘Legend’ Bill Wilson Says Opportunity Will Come
By Sharon Simonson Hold on and raise money. Such is the advice to his fellows in the commercial real estate industry from William...
Palo Alto Developer Losing $340 Million Bet With CalPERS Money
By Sharon Simonson Palo Alto developer Page Mill Properties and CalPERS, its equity partner, may lose control of more than 1,700 apartments acquired...
Court Receiver Takes Control of Page Mill Properties
By Sharon Simonson A San Mateo County Superior Court has appointed a Pacific Palisades real estate company to act as receiver in the...
