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 committee meeting. According to pension fund...

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 PCCP to recapitalize a former Lehman Brothers...

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 its proposed exemption to city density limits...

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 its proposed exemption to city density limits...

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 as the best remaining corporate-campus development site in...

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 a single-quarter of 2009. National Office Partners L.P.,...

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. The public pension fund entered the joint venture...

AEW Looks to Grow Bay Area Portfolio

By Jon Peterson   A Boston-based pension-fund manager that paid all cash late last year to buy a San Jose neighborhood shopping center says the deal is but the first of...

Behringer Harvard Gets New Funding Round For Apartments

By Jon Peterson Texas-based real estate investor Behringer Harvard has secured $100 million in new equity from Dutch pension funds to buy U.S. apartments, including properties in the San Francisco...

Apple Expanding, Again

By Sharon Simonson Cupertino-based Apple Inc. is pursuing $65 million in tenant improvements at three interconnected buildings on Vallco Parkway in its home city. The work is the latest expansion by...