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INDUSTRY newsResidential

CalPERS Sells Vacaville Apartments to Sequoia

By Jon Peterson The California Public Employees’ Retirement System has sold the 312-unit River Oaks Apartments in Vacaville for $52.4 million on an all-cash...

CommercialFinanceINDUSTRY news

CalPERS Dedicates Nearly $500MM to Buy Apartments, Decrease Debt

Jon Peterson The California Public Employees’ Retirement System has placed nearly $494 million in new commitments with several of its existing real estate...

CommercialFinanceINDUSTRY news

CalPERS Drops BlackRock as Apartment Manager

By Jon Peterson Eighty-five hundred employees in 24 countries were not enough to allow asset-management behemoth BlackRock Inc. to hang on at the...

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