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...

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...

CalPERS, Hines Take Another Real Estate Hit

By Jon Peterson The largest public pension fund in the country and a former trailblazer for other U.S. pension funds has sold a Maryland office building for more than $50...

CalPERS Hires Quality Control

By Jon Peterson The California Public Employees’ Retirement System is hiring a former real estate portfolio manager to fill a new position created to ensure the huge pension fund remains...

CalSTRS’ Real Estate Portfolio Drops 2.3 Percent in Third Quarter

By Jon Peterson The California State Teachers’ Retirement System has reported a $327 million loss for its real estate portfolio during the third quarter, even as the value of its...

CalSTRS Wringing Risk from Real Estate Portfolio

By Jon Peterson CalSTRS, the second-largest public pension fund in the United States, is directing changes to its real-estate investment policy that will increase its exposure to more stable assets...