James Comtois

The Phoenix-based real estate firm and the real estate arm of the Swiss financial services giant have jointly acquired a 300,000-square-foot retail center in Los Angeles County for $87.3 million.

The Salt Lake City-based fund manager has raised $323 million on behalf of its Real Estate Opportunity Capital Fund II, which is targeting multifamily assets throughout the western and southern US.

The California-based real estate firm is in the process of purchasing a 22-story office building from Lincoln Property, which owned the skyscraper on behalf of Illinois Teachers.

The $23.6 billion state pension system is now allotting 10 percent of its portfolio to real estate, up from its previous target of 8 percent.

The Austin-based manager has raised in excess of $477.5 million for Hawkeye Partners Scout Fund II, which is targeting as much as $1 billion in equity to provide seed capital to emerging managers.

The Boston-based real estate investment management firm has held a final closing for its latest real estate opportunity fund, Rockpoint Real Estate Fund IV.

The president and CEO of the Canadian pension giant argued for the need for long-term thinking when investing in real estate, as well as other alternative assets, in an address to the Canadian Australian Chamber of Commerce.

In continuing its plan to reduce its exposure to non-core assets, the London-based banking giant is considering the sale of another €650 million worth of Irish real estate loans.

With leverage, the Sares-Regis Multifamily Fund will have $300 million in buying power to invest in value-added properties primarily in coastal California, Seattle, Denver, Portland and Phoenix.

One of the Los Angeles-based investment firm’s founding partners is leaving the company after helping to launch it 15 years ago.