The Townsend Group
Maryland Pension Fund Seeks to Boost West Coast Real Estate Assets
By Jon Peterson Baltimore, Md.-based Maryland State Retirement and Pension System is looking at boosting up the real estate portfolio that it owns...
Following KKR Infusion, Drawbridge to Seek Opportunities in Seattle, Shed Assets in Silicon Valley
By Jon Peterson San Francisco-based Drawbridge Realty is now also interested in buying properties in Seattle, following last week’s announcement of recapitalization by...
KKR Invests in Drawbridge Realty
Drawbridge Realty (“Drawbridge” or the “Company”) and KKR, a leading global investment firm, today announced that KKR and the management team have recapitalized...
Drawbridge Joins Forces with KKR to Recapitalize for Growth
SAN FRANCISCO and NEW YORK – Drawbridge Realty (“Drawbridge” or the “Company”) and KKR, a leading global investment firm, today announced that KKR...
Alameda County Pension Fund Approves $50MM Real Estate Commitment
By Jon Peterson Alameda County Employees Retirement Association Board has adopted staff’s recommendation to make a $50 million commitment into the MetLife Core...
Texas Teachers Anoints Swift Realty an ‘Emerging’ Manager
By Jon Peterson San Francisco-based real estate investor Swift Realty Partners has attracted a $15 million commitment from the Teacher Retirement System of...
Dow Jones Townsend Core U.S. REIT Index Launched by S&P Dow Jones Indices
New York, December 19, 2012 – S&P Dow Jones Indices, the world’s largest provider of financial market indices, announced today the launch of the...
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...
CalSTRS’ Real Estate Portfolio Drops 2.3 Percent in Third Quarter
By Jon Peterson The California State Teachers’ Retirement System has reported a $327 million loss for its real estate portfolio during the third...
CalSTRS Wringing Risk from Real Estate Portfolio
By Jon Peterson CalSTRS, the second-largest public pension fund in the United States, is directing changes to its real-estate investment policy that will...
