Institutional Real Estate Newsline
June 4, 2012: Volume 20. Number 22Buy For $65.00 Add to Cart
- Deutsche Bank Wins $911 Million Loan Portfolio
DRA Buys U.S. Industrial Portfolio for $382.4 Million
DRA Advisors has acquired a portfolio of 52 U.S. industrial properties totaling approximately 9.6 million square feet for $382.4 million.
Encore to Launch Second Fund Targeting Housing Investment
Encore Housing Opportunity Fund has plans to launch its second opportunistic fund, Encore Housing Opportunity Fund II.
- Hawaii Commits $40 Million to Two Opportunistic Funds
Illinois Teachers Commits $75 Million to LaSalle Asia Fund
The $36.8 billion Teachers’ Retirement System of Illinois (TRS) has committed $75 million to LaSalle Asia Opportunity Fund IV.
Ivanhoe Cambridge Invests C$200 Million for Retail Renovation Project
Ivanhoé Cambridge has invested C$200 million ($195 million) in Bayshore Shopping Center, a shopping mall in Ottawa.
Lehman Brothers Holdings To Buy Remainder of Archstone Holdings
Lehman Brothers Holdings has reached a deal to buy the remaining 26 percent in Archstone Holdings.
- Lowe and Guardian Life Form National Debt Investment Program