CalPERS and Pacific Urban Residential Form Multiyear Western Region Venture

First Transaction Under Contract PALO ALTO, CA – Longtime western region multifamily investor Pacific Urban Residential (“PUR”) announced today Pacific Multifamily Investors (“PMI”), a significant new strategic venture with the California Public Employees’ Retirement System (“CalPERS”). The new venture has received an initial discretionary commitment of $200M. “We are delighted and honored to partner with […]