UBS Trumbull Property Fund
US Real Estate Funds Struggle as Redemption Requests Soar
The Illinois State Universities Retirement System (SURS) has announced its decision to redeem its $265 million investment from JP Morgan Asset Management’s open-ended...
UBS to Sell $5B Worth of Assets from Troubled UBS Trumbull Commingled Fund
By Jon Peterson UBS is in the process of setting up a sale of roughly $5 billion of assets that are currently held...
DivcoWest Pays More Than Appraised Value for Office Building in Foster City
By Jon Peterson San Francisco-based DivcoWest paid almost $6 million above the appraised value of the 115,600 square foot Century Plaza office building...
Marin County Pension Fund Plans Sale of $129MM Bay Area Portfolio
By Jon Peterson The Marin County Employees’ Retirement Association is making plans to sell off its $129.2 million direct real estate portfolio that...
Cornerstone Selling Second San Francisco Office Building
By Jon Peterson Hartford, Conn., -based Cornerstone Real Estate Advisers has put San Francisco’s 201 Spear St. on the market; it is the...
CalSTRS Puts $400MM in Real Estate
Jon Peterson The California State Teachers’ Retirement System has approved investments totaling $400 million to three real estate investment funds as part of...
