INDUSTRY news
Alameda Point Waits and Waits
By Jessica Saunders Nearly 800 acres at the former Naval Air Station Alameda may languish another two years in wait for redevelopment....
CalPERS Expands Real Estate Consultant Pool
By Jon Peterson The California Public Employees’ Retirement System has more than tripled the size of a standing pool of real-estate consultants from...
Cupertino’s Cypress Hotel Note Trades at Discount
By Jon Peterson Boston-based AEW Capital Management has taken ownership of the 224-room Cypress Hotel in Cupertino by buying the property mortgage and...
Loan on Mission Bay Offices Sold at Deep Discount
By Jon Peterson A $90 million construction loan on the 500 Terry Francois office building in the Mission Bay district of San Francisco...
555 Washington Developer Dealt a Blow
By Jessica Saunders The San Francisco Board of Supervisors reversed the planning commission’s approval of the Environmental Impact Report for 555 Washington St.,...
CalPERS Changes Multi-Family Investment Policy
By Jon PetersonCalifornia Public Employees’ Retirement System will be considering an investment policy change for rent-regulated multi-family housing at its April 19th investment...
CalSTRS Re-Ups with PCCP
By Jon Peterson The California State Teachers’ Retirement System has invested $15 million in a $105.5 million follow-on fund raised by money manager...
SunCal Cuts Housing, Ups Commercial for Former Alameda Air Station
By Jessica Saunders SunCal Cos. has proposed building about 1,200 fewer homes at Alameda Point after a bruising electoral defeat Feb. 2 of...
SunCal Cuts Housing, Ups Commercial for Former Alameda Air Station
By Jessica Saunders SunCal Cos. has proposed building about 1,200 fewer homes at Alameda Point after a bruising electoral defeat Feb. 2 of...
Bank of America Owns Prized North San Jose Location
By Sharon Simonson Oh, how the mighty do fall. Bank of America has foreclosed on 43 acres in North San Jose once touted...
CalPERS Sees Drop in Core Office and Separate Account Urban Portfolio
By Jon Peterson A long-time real estate partnership between CalPERS and the Hines company has recorded a $276 million drop in value in...
CalPERS to End Relationship With LaSalle
By Jon Peterson The California Public Employees’ Retirement System will terminate LaSalle Investment Management as the overseer of its CalEast Global Logistics account....