CalPERS
Blue Owl Capital Secures $185MM Loan From Natixis Backed by 21-Property Northern California Grocery Portfolio Amid Redemption Crisis
The alternative asset manager leveraged a portfolio of Save Mart, Lucky, and FoodMaxx-anchored shopping centers spanning San Jose to Santa Rosa to unlock...
DivcoWest to Acquire Nearly 50% of San Francisco’s 101 California Tower for ~$450MM
Transaction valued at approximately $450 million marks city’s biggest office deal since 2021 as trophy assets outperform distressed properties DivcoWest has agreed to...
CalPERS Doubles Down on Real Assets With $1.45 Billion Bet
The nation’s largest pension fund is pivoting away from troubled property sectors while pursuing climate-aligned infrastructure deals California Public Employees Retirement System is...
BRIDGE Housing Launches $1B Private Equity Fund for West Coast Affordable Housing
SAN FRANCISCO – BRIDGE Housing, the leading nonprofit affordable housing owner and developer on the West Coast, has launched its first private equity fund...
TMG Partners Emerges as Potential Buyer for San Francisco’s Last Thriving Downtown Mall, the Metreon
Local real estate giant positions itself as anchor for struggling retail recovery amid ongoing commercial property challenges In a move that signals both...
CalPERS Expands Committment to Nuveen’s Affordable Housing Plan to $500MM
NEW YORK, Nov. 20, 2024 — Nuveen, the investment manager of TIAA, announced today that CalPERS, California’s public sector pension and health benefits...
CalPERS’ Climate Solution Commitments Surpass $53B
SACRAMENTO, Calif. – CalPERS announced Monday it has committed more than $53 billion toward investing in climate solutions as part of a growing...
CalPERS Sells Land in Downtown Sacramento to Shingle Springs Band of Miwok Indians for $17MM
(Editor’s Note: Industry reports show that the sales price was $17 million. Throughout its years of ownership, CalPERS invested $87 million into the...
CalPERS Selects Stephen Gilmore as Chief Investment Officer
SACRAMENTO, Calif. – The California Public Employees’ Retirement System has selected Stephen Gilmore, a senior investment leader with extensive experience in public and private...
CalPERS Invests More than $3B into Real Estate Partnerships, Including $750MM to Pacific Urban
By Catherine Sweeney The California Public Employees’ Retirement System (CalPERS) is continuing to invest in its real estate partnerships. A recent quarterly investment...
CalPERS Takes Legal Action Against Klein Financial Corp. Over $38.3MM Real Estate Dispute
By The Registry Staff The California Public Employees’ Retirement System (CalPERS) has taken legal action against Palo Alto-based Klein Financial Corp., led by...
CalPERS Extends Additional $1.4B to GI Partners for Industrial and Tech-Related Properties
By Jon Peterson & Vladimir Bosanac Little seems to stand in the way of the industrial commercial real estate market across the country,...
