Katherine Bucaccio
The Los Angeles-based fund manager has formed its first joint venture in Peru on behalf of Paladin Realty Latin America Investors IV as it moves forward with plans to increase Peruvian investments over the next few years.
The Los Angeles-based investment and development firm has held its first close on Regent Office Fund II, counting global asset manager BlackRock and Bruce Kovner’s Caxton Alternative Management as its anchor investors.
The New York-based real estate investment firm has raised $105.3 million in commitments for Savanna Real Estate Fund III, which targets underperforming office properties along the East Coast.
The city pension system will invest $30 million in a development plan for the Lower East Side as part of a prior commitment to Taconic Partners.
The Toronto-based residential real estate investment firm’s eleventh vehicle has held its second close on $260 million in equity, bringing the firm’s assets under management over the $1.5 billion mark.
The San Diego city pension system plans to invest $190 million in real estate by fiscal year 2018.
The real estate arm of UK insurer Standard Life Assurance has entered the commercial real estate debt market with a £250 million mandate.
Standard Life Investments has held its first close on the new Canadian Real Estate Fund, which aims to involve international investors in the Canadian market.
The Orange County Employees Retirement System plans to increase its non-core allocation by $200 million over the next three years, starting with a $50 million commitment to KTR’s third industrial fund.
The Greenwich, Connecticut-based firm is purchasing a portfolio of seven shopping centers throughout the US from Sydney-based developer The Westfield Group.