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...
CalPERS Endures $4.2 Billion Quarterly Loss in Real Estate
By Jon Peterson
The California Public Employees’ Retirement System lost $4.2 billion of value in its real-estate portfolio during the second quarter of 2009, according to new data released in...
CalPERS, CalSTRS Big Investors in New Private Equity and Real Estate Fund
By Jon Peterson
California’s two largest public pension systems have committed $900 million to the latest commingled investment fund of Menlo Park-based GI Partners.
Their collective investment accounts for nearly half...
Broadreach To Raise Third Fund
By Sharon Simonson
Broadreach Capital Partners, the Palo Alto real estate investment company founded in 2002 by former executives of the hugely successful Spieker Properties Inc., intends to raise a...
Palo Alto Developer Losing $340 Million Bet With CalPERS Money
By Sharon Simonson
Palo Alto developer Page Mill Properties and CalPERS, its equity partner, may lose control of more than 1,700 apartments acquired since 2006 as part of a more...
