The $13.6 billion Los Angeles Fire and Police Pensions is joining other US plans in weighting its real estate allocation more towards stable, income-producing properties. PERE Magazine, June 2012 issue
2 min read · 17 January 2013
The Toronto-based global alternative asset manager has held a first close for its debut global real estate opportunity vehicle. This is the first time that the firm has offered discounts for investors in the initial close of a fund.
2 min read · 17 January 2013
The New York-based investment firm has acquired 52 industrial properties in Florida, Georgia, Tennessee, Texas and Virginia on behalf of its $1 billion value-added DRA Growth and Income Fund VII.
1 min read · 17 January 2013
The $39.8 billion oil endowment will continue to examine a potential $400 million investment to a company that would own and rent single-family homes.
2 min read · 17 January 2013
Following the investing of its first fund, the San Francisco-based firm has made one promotion within its San Francisco office and one hire within its New York location. Clairvue expects to make additional hires over the next year.
2 min read · 17 January 2013
A new report from JPMorgan Asset Management states that the investment category known as ‘real assets’ will go from an alternative investment to an essential one within the next 10 years.
3 min read · 17 January 2013
The Washington DC-based retail real estate firm has appointed Morgan Stanley and Credit Suisse veteran Arvind Bajaj to head up its investment arm as part of its plans to expand its portfolio.
3 min read · 17 January 2013
The former Wall Street banking giant has blocked out rival Equity Residential for ownership of the remaining 26.5 percent stake in the apartment REIT. This move makes Lehman the sole owner of Archstone.
2 min read · 17 January 2013
The New York-based private equity real estate firm now is raising capital for the third offering of its opportunistic fund, less than a year after closing on more than $1 billion of commitments during its second capital raise in 2011.
2 min read · 17 January 2013
Michael Profenius, formerly a managing director at Warburg Pincus, has joined the New York-based private equity real estate firm as one of two senior partners, following the reorganisation of the firm last fall to focus its investment activity on the US.
3 min read · 17 January 2013
