Evelyn Lee
The $165 billion pension plan expects to evaluate more value-added and core real estate opportunities outside the US, as part of a continuing effort to pursue lower-risk property investments.
Only a small minority of financial executives at private equity real estate firms receive seven figures or more in total cash compensation, according to a survey presented by executive search firm Sousou Partners.
The San Francisco-based private real estate investment firm will inject fresh capital into the development of two office buildings within a vast mixed-use community owned by Deutsche Asset & Wealth Management and Endeavor Real Estate Group.
The Boston-based real estate investment manager has sold its interest in two US hotel properties, both of which the firm acquired two years ago on behalf of its third real estate fund.
Jonah Sonnenborn has left the New York-based private equity real estate firm and now will be in charge of making property investments on behalf of one of the world’s wealthiest billionaires.
The industrial real estate operator and developer has acquired its investors’ 72 percent interest in the closed-ended property fund.
The country is the most sought-after Latin American real estate market for corporations seeking a more cost-effective alternative to Brazil, according to a new report from Cushman & Wakefield.
Distressed opportunities, such as the sale of a majority stake in a Brazilian developer, are starting to surface in Latin America, though investors aren’t exactly running over. PERE Magazine, July/August 2013 issue
TIAA-CREF’s union with Henderson isn’t just about expanding its global footprint. It’s also about cementing its status as a real estate investment manager.
The $39.6 billion pension system’s $200 million allocation marks its first investment with the Des Moines, Iowa-based institutional real estate manager.