Institutional Real Estate Newsline
March 8, 2013: Vol. 21 No. 10Buy For $65.00 Add to Cart
Head of Towers Watson's real estate research team passes away
Peter Lewis, head of Towers Watson's U.S. real estate investment manager research team, has passed away.
IPERS invests $200 million in real estate debt
The $24.2 billion Iowa Public Employees' Retirement System (IPERS) has committed $150 million to two high-yield real estate debt funds.
FSBA hires two new firms for appraisal management administration
The $161.7 billion Florida State Board of Administration (FSBA) has chosen Canada-based Altus Group and Real Estate Research Corp. as the firms responsible for appraisal management administration.
Dune Real Estate raises $175 million with latest fund
New York City-based real estate investment firm Dune Real Estate Partners has raised $175 million for its Dune Real Estate Partners III.
Alaska Retirement plans infrastructure manager search
The $21.6 billion Alaska Retirement Management Board is conducting a search for one or more infrastructure managers.
Harrison Street pays $380 million for senior housing portfolio
Harrison Street Real Estate Capital has purchased seven class A senior housing properties located throughout Nassau and Suffolk Counties (Long Island), N.Y.
ISBI names real estate consultant and general consultant
The $12.9 billion Illinois State Board of Investment (ISBI) has ended its search for a real estate and general consultant.
Chicago Park Employees' pension issues RFPs for infrastructure, risk parity
The $402 million Chicago Park Employees' Annuity and Benefit Fund is searching for investment managers to launch two new asset classes.
Pennsylvania SERS increases exposure to energy infrastructure
The $25 billion Pennsylvania State Employees' Retirement System has committed a total of $300 million to two energy infrastructure funds.
Noble Investments raises $101.7 million for hotel fund
Privately held Noble Investments Group has raised $101.7 million for its Noble Hospitality Fund II.
Alabama issues core real estate manager RFP
The $3.3 billion Alabama Trust Fund has issued an RFP for core commingled fund managers.
Kimpton raises $202.8 million for third fund
Kimpton Group Holding has closed its fourth institutional real estate fund and its third fund within the Kimpton Hospitality Partners series.
Hines REIT sells Houston skyscraper for $412 million
Hines REIT has sold the iconic Williams Tower in Houston to a fund managed by Invesco Real Estate.
Samuels, Weiner to develop $360 million mixed-used project in Boston
The Massachusetts Department of Transportation has selected a joint venture of Samuels & Associates and Weiner Ventures to build a $360 million residential, hotel and retail project.
Indiana Public Retirement hires Carlyle to manage investment fund
The $25.7 billion Indiana Public Retirement System has hired The Carlyle Group to manage a new $150 million investment fund that will invest in private equity, credit, real estate or infrastructure in Indiana.