CalPERS
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
DRA Advisors, Blue Rise Ventures List 636,000 SQFT Fremont and Milpitas Industrial Portfolio Along 880 Corridor
The eight-building package is 88 percent leased with in-place rents 25 percent below market and sits amid concentrated institutional ownership from Prologis, Blackstone,...
Bayhill Ventures Acquires Foreclosed 79,000 SQFT San Francisco Building at 1128 Market for $7.5MM, 85% Discount from 2019 Pricing
San Francisco-based developer purchases vacant Mid-Market property from East West Bank at approximately $95 per square foot, reflecting an 85 percent decline from...
CalPERS Deploys $3.95 Billion Across Eight Real Estate Partnerships in Latest Round of Commitments
The nation’s largest public pension fund reinforces its core-focused strategy with fresh capital targeting technology, industrial, multifamily and office assets. The California Public...
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...
