James Comtois
The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.
The Stamford-based firm has formed a joint venture with the Virginia Retirement System to acquire grocery-anchored retail properties.
The Oregon Public Employee Retirement Fund has committed $100m to Vision Brazil's second real estate fund.
In its maiden transaction, the new venture forms a 50-50 partnership with Ensemble Hotel Partners in its two Long Beach hotel properties.
The Denver-based firm is seeking $100m in equity for its second debt fund.