Institutional Real Estate Newsline
September 17, 2012: Volume 20, Number 36
Rockefeller Joint Venture Purchases San Francisco Office Tower
A joint between The Rockefeller Group and Mitsubishi Estate New York has bought 50 Beale St., a 662,060-square-foot office building in San Francisco’s south financial district.
Alinda Capital Partners Holds $250 Million First Close
Connecticut-based infrastructure investment firm Alinda Capital Partners has raised $250 million for its Alinda Global Core Infrastructure Parallel Fund.
- Colony Capital Fund Raises $270 Million
GI Partners Acquires First Asset for CalPERS Account
GI Partners has purchased its first property for TechCore, a $500 million core real estate separate account managed on behalf of the $235 billion California Public Employees’ Retirement System (CalPERS).
Paladin Realty Passes 25,000-Home Milestone in Latin America
Investment fund manager Paladin Realty Partners has launched Los Prados de San Miguel, a new 768-unit, mid-rise affordable housing project located in Lima, Peru.
- Pennsylvania SERS Makes $10 Million Follow-on Investment with BPG
PSERS Reports Positive Investment Performance
The $48.8 billion Pennsylvania Public School Employees Retirement System (PSERS) has posted positive returns of 3.43 percent for the fiscal year, 12.57 percent for the three-year, 7.19 percent for the 10-year and 8.42 percent for the 25-year periods ended June 30, 2012.