INDUSTRY news
CalSTRS Ends Relationship With Green Fund
Jon Peterson The California State Teachers’ Retirement System has withdrawn as a limited partner in the Thomas High Performance Green Fund, according to...
Behringer Harvard Buys Concord Apartments
Jon Peterson Dallas-based Behringer Harvard has paid $47.65 million in an all-cash deal to acquire The Renaissance apartment complex in Concord along with...
AIMCO Buys Empty Marin County Apartments
Jon Peterson Denver-based Apartment Investment and Management Co. has acquired a 126-unit complex in tiny, tony Corte Madera in Marin County. The nationwide...
CalSTRS Puts $400MM in Real Estate
Jon Peterson The California State Teachers’ Retirement System has approved investments totaling $400 million to three real estate investment funds as part of...
Battery Bets on Buildings
Sharon Simonson Clean tech meets real estate Sept. 15 at Stanford Faculty Club where Battery Ventures sponsors “Spotlight on Smart Building Technology,” an...
AREA Buys First Bay Area Apartments
Jon Peterson New York City-based AREA Property Partners, the former Apollo Real Estate Advisors, has paid $59.6 million in cash for a 422-unit...
Apple Submits Written Application to City for New Campus Development
Sharon Simonson Apple Inc. has at long last filed its formal application with the city of Cupertino to build its new headquarters, dubbed...
CalPERS to Allocate $200 Million to Emerging Managers
Jon Peterson Real estate investment managers new to the world of institutional capital will get a crack at landing funds from the largest...
Cupertino Hotel Sells Again
Jon Peterson Boston-based AEW Capital Management has put the 224-room Cypress Hotel in Cupertino on the market after acquiring it roughly a year...
Union Pension Money Funds San Francisco Housing
Jon Peterson The Washington, D.C.-based AFL-CIO Housing Investment Trust is betting long on San Francisco: With the completion of a $70 million loan...
CalSTRS Eyeballs Public Securities, Core Assets
Jon Peterson The board of the California State Teachers’ Retirement System is expanding the pension fund’s permissible real estate investment options in a...
Alameda County Pension Board Puts $25MM in Urban Real Estate
Jon Peterson The Alameda County Employees’ Retirement Association has approved a $25 million commitment for the CIM VI Urban REIT Fund, a new commingled...