The pension fund with $8bn in real estate holdings plans to continue selling office assets and limit its REIT exposure while prioritizing industrial and retail.
3 min read · 13 July 2026
Terri Herubin was charged with overseeing a major restructuring of the California pension plan’s property portfolio.
3 min read · 13 July 2026
The new private debt head at the $620bn California pension expects an increasingly diversified program, which has a 10% exposure to real estate debt, to perform well amid a ‘turbulent’ environment.
3 min read · 18 June 2026
The push to increase investment speed and efficiency comes after the rapid expansion of the investor’s property portfolio.
3 min read · 12 June 2026
A convergence of demographic momentum, bank retreat and housing undersupply has created a rare and durable opportunity in Australian commercial real estate debt, says Andrew Schwartz, group managing director and co-founder at Qualitas.
7 min read · 01 June 2026
North American private real estate debt fundraising was up roughly $2bn from Q3 of last year.
2 min read · 02 December 2025
Three major institutional investors in real assets join CBRE Investment Management CEO Chuck Leitner to debate the opportunity set of today.
10 min read · 01 April 2022