MetLife Real Estate Investors expects to hold an initial close by the end of this month for its premiere vehicle, the open-ended Core Property Fund.
2 min read · 10 December 2013
The $176 billion pension plan made a strong return to funds during the third quarter, with property investments that were exclusively in non-core real estate.
3 min read · 11 December 2013
The $49.3 billion Pennsylvania Public Employees Retirement System has approved three new investments in opportunistic and value-added funds.
2 min read · 11 December 2013
James Stolpestad has left his position as the head of the New York-based property arm of the German insurer after more than three and a half years at the firm.
2 min read · 10 December 2013
The London-based bank has executed three separate deals with Cerberus Capital Management and Apollo Global Management in the space of a week.
2 min read · 10 December 2013
The new vehicle is the Boston-based private equity real estate firm’s first non-opportunistic US fund.
2 min read · 06 December 2013
Polls open today for the 2013 Global PERE Awards. Now is the time for you, our expert readers, to determine which firms and individuals stood out from the crowd this past year.
3 min read · 06 December 2013
The Phoenix, Arizona-based investment firm has acquired Coronado Bay Club in one of the largest multifamily deals on the California coast this year.
2 min read · 05 December 2013
The Northbrook, Illinois-based insurance company has selected Customized Fund Investment Group to oversee the new mandate to invest with smaller private equity and real estate managers, particularly those run by ethnic minorities or by women.
2 min read · 04 December 2013
The $54 billion pension plan has committed $100 million to the San Francisco-based real estate investment management firm’s fourth offering.
2 min read · 04 December 2013
