Katherine Bucaccio

In its updated real estate investment policy, the $27.12 billion pension increased its target allocation to non-core investments from 5 percent to 20 percent of its private real estate portfolio.

After nine months on the fundraising trail, the San Francisco-based multifamily specialist has hit the hard cap for its latest value-added vehicle.

The New York-based real estate investment firm has appointed Michael Chen to managing director of global capital markets activities as part of the firm’s efforts to expand its investor base.

The New York-based real estate and private equity firm will acquire for the second time the Manhattan office building from Shorenstein Properties, seven years after buying it the first time.

The New York-based alternatives investment firm has launched its latest opportunistic real estate offering, targeting approximately $1.5 billion in equity commitments.

The two Canadian investors have added to their US office portfolios, investing an additional $268 million in the New York market.

Thinking ahead is essential to having a successful examination, according to executives from Equity International, Beacon Capital Partners and Rockbridge.

In the opening panel of the PERE CFO Forum yesterday, executives from Morgan Stanley, Paladin and Five Mile discussed such issues as coping with SEC regulation and outsourcing administrative functions.

A partnership led by the two real estate investment firms has agreed to sell 530 Fifth Avenue to Thor Equities for $200 million more than it paid for the property in 2011.

The Greenwich, Connecticut-based firm has entered into an agreement with Taubman Centers to purchase seven US shopping centers.