The investment firm led by former Blackstone executive Christopher Peatross has entered into agreements to buy California Center for $159.7 million from a joint venture between Blackstone and RREEF.
1 min read · 24 April 2014
The Menlo Park, California-based firm’s fourth fund beat its $1.5 billion target.
2 min read · 24 April 2014
Capital raised from North American value added, debt, and opportunistic funds tumbled down last quarter.
1 min read · 23 April 2014
The Bureau of Worker’s Compensation expects to commit at least $250 million to new value-added real estate strategies over the next few years, in addition to its recent $50 million commitment to RockBridge.
2 min read · 23 April 2014
JP Rachmaninoff, former senior real estate investment officer at New York Common, has been appointed the director of real estate at the $40 billion Tennessee Consolidated Retirement System.
2 min read · 22 April 2014
The $28.5 billion pension system is considering a $50 million investment in Cypress Equities Real Estate Investment Management’s debut fund, as well as more investments in European real estate.
2 min read · 21 April 2014
After closing on the largest US residential real estate fund ever in October, the New York-based private equity real estate firm already is preparing to roll out a successor vehicle.
2 min read · 21 April 2014
With a lot of capital piling into Europe, the pool of distressed opportunities is shifting once again, according to Blackstone’s chairman.
3 min read · 21 April 2014
The vast majority of institutional investors remain fixated on core real estate despite continued cap rate compression and declining returns. So why are so few looking elsewhere?
2 min read · 18 April 2014
Debt strategies rebound from the prior quarter
1 min read · 16 April 2014
