Katherine Bucaccio
We asked industry professionals from across the US whether or not they planned to work on Thanksgiving and found that, for most, the holiday is just a regular Thursday
The Chicago-based real estate investment firm has raked in approximately $420 million for the first close on its fifth opportunistic real estate fund, representing more than 50 percent of the vehicle’s equity target.
The value-added multifamily offering, sponsored by TIAA-CREF and TH Real Estate, has wrapped its final round of fundraising slightly below target.Â
Over the next two years, the $8.2 billion pension system plans to allocate $200 million to core investments and $180 million to non-core investments.
Salt Lake City-based Bridge Investment Group Partners has acquired 14 senior housing properties in six states on behalf of its latest vehicle.
The Atlanta-based firm has completed the first round of fundraising for its latest value-added offering, bringing in $132 million for Centennial Real Estate Fund IV.
The partnership has sold 50 Beale Street to Paramount Group two years after purchasing the South Financial District office building.
Johannesburg-based International Housing Solutions has hauled approximately $136 million for its latest vehicle, for which the firm will target sub-Saharan Africa’s affordable housing market.
The $9.1 billion Chicago-based pension has issued an RFP for a non-core real estate manager to run up to $60 million.
The multi-manager arm of CBRE Global Investors has changed its name to CBRE Global Investment Partners to reflect its expanded scope.Â
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