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Evelyn Lee

Evelyn Lee is Editor for PEI Media’s real estate-focused publication, PERE, overseeing global news coverage for both PERE Magazine and PERENews.com. Based in New York, she works closely with reporters and editors across PEI’s offices in New York, London and Hong Kong, and helps to co-ordinate shared content with PEI’s other private markets titles. Prior to joining PEI in 2011 she covered commercial real estate, economic development and environmental issues at NJBIZ, a New Jersey-focused business publication
The Chicago-based real estate investment management firm, which has made a name for itself building up companies in Brazil and Mexico, is now expanding its Latin American presence to Colombia.
The Employees Retirement System of Texas is targeting $450 million in capital commitments under its real estate tactical plan for fiscal year 2012, which begins next month.
The Cleveland-based real estate consulting firm, which will serve as the new advisor to the state’s endowment, will be charged with turning around the performance of its real estate portfolio.
The real estate arm of one of Canada’s largest pension funds will purchase a full city block, comprising a convention centre, office tower and hotel, in downtown Toronto from the Canadian government.
An affiliate of Starwood Capital has agreed to acquire an 18-property hotel portfolio from the Philadelphia-based hospitality REIT for $155 million.
The New York-based real estate fund manager has hired industry veteran Joseph Morningstar to focus on sourcing special situation investment opportunities.
The nation’s largest public pension fund has approved a new programme for emerging real estate managers, marking a new approach to its emerging manager investment strategy.
The largest county retirement system in the US has approved a $300 million allocation to three managers as part of a new real estate investment plan that is expected to increase its allocation to 9.6 percent.
The Los Angeles-based alternative asset manager has purchased the investment business of the Chicago-based debt provider, with the intention of expanding further into commercial real estate lending. Consequently, Ares has formalized its real estate efforts by creating a dedicated team.
In its second quarter results, the New York-based asset manager reported that revenue growth in its real estate segment had sextupled, largely from increased management fees, and also revealed a second closing for its latest real estate fund.

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