High Street Realty Co. held final close on its High Street Real Estate Fund V reaching total equity commitments of $353 million. Utilizing leverage of 50%, Fund V will seek to acquire $700 million of assets in its target markets.
New York, NY Clarion Partners, LLC, a leading real estate investment manager, today announced that Evans Anderson has joined the firm as a director.
Investment manager to target core-plus retail sector for vehicle.
Investment manager takes stake in office property from Pramerica.
The Ohio Bureau of Workers Compensation Board (Ohio BWC) has selected seven funds for its first foray into core-plus real estate, with total commitments reaching $700m (€620m).
Rockspring Property Investment Managers has invested £38.4m (€49.6m) in a UK retail asset for its second core-plus fund.
<p style="line-height: 18.9091px;">The New York State Common Retirement Fund has approved a $300m (€266.3m) commitment to the Jamestown Premiere Property Fund – its first with the manager.</p>
<p>Blackstone raised a record $26.5bn (€24.5bn) for real estate last year. The investment manager said it had $93.9bn of assets under management at the end of 2015.</p>
<span style="line-height: 20.8px;">Blackstone has secured $500m (€468m) for its new global core-plus real estate fund from the California State Teachers’ Retirement System (CalSTRS).</span>