Finance
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Jon Peterson The California State Teachers’ Retirement System has withdrawn as a limited partner in the Thomas High Performance Green Fund, according to...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...
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...