National Insights
Here’s what tenants are paying at Hines & CalPERS’ 609 Main
The following is a preview of one of the hundreds of data sets that will be available on TRD...
calpers
The Latest
One dead in helicopter crash at
787 Seventh
UPDATED, 4:46 p.m., June 10: A helicopter crash landed on the roof of 787 Seventh Avenue in Midtown Manhattan...
787 Seventh
Brookfield partners with CalPERS and CBRE on GGP acquisition
Brookfield Property Partners brought on some big-name partners to help fund its acquisition of General Growth Properties. A CBRE...
Fee war between private equity firms and pension funds is heating up
The country’s big public pension plans are increasingly unhappy about the high fees fund managers charge them. The...
California leavin’: CalPERS cutting RE investment by 50%
The country’s largest pension system is cutting its real estate investments in another warning sign for the New York...
The 10 biggest NYC investment sales of 2016
Manhattan skyscrapers remain the ultimate savings account for the global investment community. Whether the lower end of the investment sales market is hot or not, trophy towers generally see a flurry of big-ticket deals....
Manhattan office investors’ confidence rising despite signs of slowdown in other sectors: PwC
The luxury residential market is slumping. The retail market is cooling. But investors in the Manhattan office sector still think it’s a great time...
CalPERS closes on purchase of 787 Seventh for $1.9B
CalPERS, a California pension fund, closed on the purchase of a 1.7 million-square-foot office tower at 787 Seventh Avenue...
CalPERS to sign $1.9B contract for AXA’s 787 Seventh
CalPERS, a California pension fund, is negotiating a $1.9 billion contract to pick up a Midtown office tower at...
Blackstone buys real estate funds in $3B record-breaking deal
A Blackstone fund agreed to buy $3 billion worth of stakes in private real estate funds from California’s public pension...