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FinanceINDUSTRY news

Hines Selling Three San Mateo Buildings

By Jon Peterson Houston-based Hines Real Estate Investment Trust Inc. has put a three-building San Mateo office complex on the block. The sale...

FinanceINDUSTRY news

Opponents Vow Appeal to San Francisco Judge’s Ruling to Allow $2.3 Billion State Building Sale

By Sharon Simonson The state of California is free to proceed with the $2.33 billion sale of 11 office buildings under an order...

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 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...

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