Los AngelesGPI Cos. has secured a $300 million equity commitment from one of the largest state pension systems in the country. GPI made the announcement but did not disclose the name of the source.

This new equity commitment represents an expansion of GPI’s relationship with the state pension system, which has invested a total of $500 million in equity with GPI.

GPI plans to deploy the capital across a broad swath of real estate assets, including mixed-use properties, multi-family housing, creative office, medical office, industrial and retail conversions.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.