$450M refi reveals what tenants pay at Silverstein’s 1177 Sixth Avenue
The following is a preview of one of the hundreds of data sets that will be available on TRD...
calstrs
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CalSTRS deal values 1177 Sixth Ave at $860M
The part-owner of a 1-million-square-foot Midtown skyscraper has sold its stake at a price that may calm investors anxious over the pandemic’s impact on office prices. UBS Realty Investors sold its roughly 50-percent stake...
National
Public pension funds looking for more exposure to high-risk real estate
U.S. public pension funds are pushing for more exposure to riskier, opportunistic real estate investments to help close their...
This pension fund is providing L&L with equity for its Terminal Stores buy
Part of the equity for Chelsea’s massive Terminal Stores deal will likely come from the California State Teachers’ Retirement...
Pension fund’s stake in Sutton Place extended-stay hotel valued at $106M
UPDATED, Friday, Oct. 20 at 3:13 p.m. A California-based pension fund’s stake in AKA Sutton Place, a 17-story extended...
Calstrs plans to sell US real estate
The California State Teachers’ Retirement System is looking to sell U.S. properties and buy European ones.
UBS real estate fund to take stake in Americas Tower
A real estate fund managed by UBS Global Asset Management is in contract to purchase a minority stake in...
O’Connor Capital to buy $240M UES rental: sources
A partnership between the California Public Employees’ Retirement System, the largest private pension fund in the U.S., and investment...
Largest public pension fund buys $100M stake in Bentall Kennedy
One month following Calstrs’ purchase of a 90 percent stake of LCOR for $820 million, the nation’s largest public...
Silverstein takes loss on Lexington Avenue in $360M deal with Normandy
Larry Silverstein is cutting his losses and moving on from Lexington Avenue. His Silverstein Properties and the California State...