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CalPERS Sees Drop in Core Office and Separate Account Urban Portfolio

By Jon Peterson A long-time real estate partnership between CalPERS and the Hines company has recorded a $276 million drop in value in...

CommercialFinanceINDUSTRY news

CalPERS, Hines Take Another Real Estate Hit

By Jon Peterson The largest public pension fund in the country and a former trailblazer for other U.S. pension funds has sold a...

CommercialFinanceINDUSTRY news

CalPERS Hires Quality Control

By Jon Peterson The California Public Employees’ Retirement System is hiring a former real estate portfolio manager to fill a new position created...

CommercialFinanceINDUSTRY news

CalPERS Endures $4.2 Billion Quarterly Loss in Real Estate

By Jon Peterson The California Public Employees’ Retirement System lost $4.2 billion of value in its real-estate portfolio during the second quarter of...

FinanceINDUSTRY news

CalPERS, CalSTRS Big Investors in New Private Equity and Real Estate Fund

By Jon Peterson California’s two largest public pension systems have committed $900 million to the latest commingled investment fund of Menlo Park-based GI...

CommercialFinanceINDUSTRY news

Palo Alto Developer Losing $340 Million Bet With CalPERS Money

By Sharon Simonson Palo Alto developer Page Mill Properties and CalPERS, its equity partner, may lose control of more than 1,700 apartments acquired...

FinanceINDUSTRY news

Court Receiver Takes Control of Page Mill Properties

By Sharon Simonson A San Mateo County Superior Court has appointed a Pacific Palisades real estate company to act as receiver in the...

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2026 Northern California CRE Rising Stars

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