NMERB commits $150m to real estate, including funds managed by Varde Partners and DRA Advisors

by Elise Mackanych

The New Mexico Educational Retirement Board (NMERB) has approved $150 million in commitments to real estate funds, including funds managed by Varde Partners and DRA Advisors.

Inside the micro-bay opportunity: Jadian shares why operating platforms matter

by Andrea Zander

As institutional interest in micro-bay industrial continues to grow, Jadian Capital has expanded its commitment to WareSpace, a vertically integrated micro-bay industrial company. The firm announced in July that it increased its equity commitment to WareSpace to more than $500 million.  WareSpace provides heavy-duty storage and workspace to small businesses in modern warehouses. Jadian is an investment manager focused on building and scaling platforms in alternative real estate sectors. In an IREI exclusive interview, Jarret Cohen, managing partner and founder of Jadian, and Matthew Hennessy, director at the firm, discuss the evolution of the sector, what is driving the opportunity and why operating platforms matter.

Avila Real Estate Capital closes $390m in new institutional commitments bringing total capital to more than $750m

by Released

Avila Real Estate Capital has closed $390 million in new capital and co-investments from two institutions: a large insurance company and a major university endowment. This new capital brings total commitments and co-investments to more than $750 million.

Alaska pension board awards $300m to Principal, AEW and TA Realty

by Andrea Zander

The Alaska Retirement Management Board has approved three $100 million core real estate mandates with Principal, AEW and TA Realty.