Finance
Crucial Court Decision Approaches For Sunnyvale Town Center
By Sharon Simonson All eyes turn to receiver Jerry Hunt in the legal brawl to control the Sunnyvale Town Center. On March 15, Santa Clara...
CalPERS Increases Multifamily Bet
By Jon PetersonThe California Public Employees’ Retirement System has committed $631.8 million in new equity to an investment fund that specializes in apartments...
Angelo Gordon Buys in Downtown Palo Alto
Jon Peterson New York City-based Angelo Gordon & Co. has acquired a leasehold interest in a shuttered assisted living facility in downtown Palo...
CalSTRS Sends $47 Million to Apartment Fund
Jon Peterson The California State Teachers’ Retirement System has approved a $47.2 million commitment to a new apartment investment fund being managed by...
Behringer Harvard Puts Hitachi-Leased Properties on the Block
Jon Peterson Dallas-based real estate firm Behringer Harvard and San Francisco’s Digital Realty Trust Inc. are selling two Santa Clara office-R&D buildings that...
CalPERS Dedicates Nearly $500MM to Buy Apartments, Decrease Debt
Jon Peterson The California Public Employees’ Retirement System has placed nearly $494 million in new commitments with several of its existing real estate...
Another SoMa Building Goes on the Block
Jon Peterson Iowa-based insurer Aegon Americas has put a 55,000 square-foot office building in San Francisco’s South of Market up for sale. The...
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Jon Peterson The California State Teachers’ Retirement System has withdrawn as a limited partner in the Thomas High Performance Green Fund, according to...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...
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...
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...
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...