Finance
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...
Pension Fund Blesses Millions in Real Estate Investments
Jon Peterson The California State Teachers’ Retirement System has approved $665 million worth of real property purchases, the vast majority—all but $140 million—aimed...
Market Change Led Investor to Sell 500 Terry Francois Well Before Plan
By Jon Peterson When Houston-based Lionstone Group bought the note secured by San Francisco’s 500 Terry Francois Blvd. in April 2010, it had...
Bristol Attracts $120 Million of New Capital for Commingled Funds
Jon Peterson San Francisco-based Bristol Group has received $120 million in new capital commitments from pension funds for two of its commingled investment...
Barker Pacific, Partners Buy A.F. Evans Affordable Apartments
Sharon Simonson A venture that includes San Francisco’s Barker Pacific Group Inc. has acquired the general partner interests in 20 multifamily properties—half in...
California Teachers Looks for New Fund Managers
Jon Peterson The California State Teachers’ Retirement System is seeking proposals from real estate fund managers to oversee up to $1 billion or...
More Pile Into Bay Area Apartments
By Jon Peterson Chicago-based multifamily-property owner Waterton Residential plans to grow its San Francisco Bay Area footprint with the recent closing of its...
CalSTRS Allocates $400M to Senior Housing and Industrial
By Jon Peterson The California State Teachers’ Retirement System is going long on the old. The second-largest public employee retirement plan in the...
CalPERS Recommits to Real Estate
By Jon Peterson CalPERS could invest as much as $1.5 billion in commercial real estate next year, up from a fraction of that...
BRE Apartments Building, Buying
By Sharon Simonson San Francisco-based apartment owner BRE Properties Inc. told analysts it did not expect to buy nearly as much in 2011...
Industrial Giant To Span Globe, Bay Area
By Sharon Simonson The merged AMB Property Corp. and ProLogis company would own and manage close to 19 million square feet of Bay...