Bay Area
Essex and SWIB Form Apartment JV with $660MM of Buying Power
By Jon Peterson San Mateo-based Essex Properties Trust and the State of Wisconsin Investment Board has formed a new apartment investment joint venture that...
Cityview Seeks $400MM in Commitments for Multifamily Commingled Fund
By Jon Peterson Institutional capital has been very interested in multifamily housing, and by all indications it appears that this trend will continue...
Cabot Seeks $1B Capital Raise for New Core Industrial Fund with San Francisco, Los Angeles and Seattle Among its Targeted Markets
By Jon Peterson Boston-based Cabot Properties is planning to seek $1 billion in real estate commitments for its Cabot Industrial Core Fund III,...
CalSTRS Allocates $1.3B for New Real Estate Opportunities Across West Coast Markets
By Jon Peterson California State Teachers Retirement System (CalSTRS) has issued $1.3 billion of new capital into three joint ventures with managers that will...
Rubicon Raises $150MM for Institutional Commingled Fund, Will Consider Deals in Pacific Northwest
By Jon Peterson San Francisco-based Rubicon Point Partners is shoring up investor commitments for acquisitions in Northern California and the Pacific Northwest. The company...
Waterton Raises $1.5B Apartment Fund, Looks for Assets in the Puget Sound Region
By Jon Peterson Chicago-based Waterton has set is sights on growing its apartment portfolio, and the company has shored up a $1.5 billion...
Oregon Pension Fund Creates $200MM Life Science Co-investment with Harrison Street, Targets Seattle Assets
By Jon Peterson Oregon Public Employees Retirement Fund has formed a co-investment relationship with Chicago-based Harrison Street Real Estate Partners to invest in life...
Rubicon Point Partners Targets $250MM Capital Raise for Commingled Fund to Invest in Bay Area and Pacific Northwest
By Jon Peterson San Francisco-based Rubicon Point Partners is now out in the market raising capital for its commingled fund known as Rubicon First...
Let Clint Eastwood Rightsize Your Real Estate Footprint
By Gabe Burke Corporate real estate is headed for a showdown. A fear once deemed insignificant is now impossible to ignore. Many leaders...
Blackstone Raises $7.5B for New Life Science Fund, Will Target Seattle
By Jon Peterson New York City-based Blackstone has raised $7.5 billion of equity capital for its new life science office perpetual commingled fund, as...
DivcoWest Closes $2.25B Fund with Seattle as One of Its Target Markets
(EDITOR’S NOTE: According to a DivcoWest spokesperson, the San Francisco Bay Area and the greater Seattle region are two of the markets that...
Massachusetts State Pension Fund Plans $200MM Co-Investment with Blackstone for Life Science Portfolio
By Jon Peterson Massachusetts Pension Reserves Investment Management Board (Mass PRIM) has approved a $200 million commitment into a co-investment of a large...
