SACRAMENTO –The nation's largest pension fund will allocate its real estate spend to its existing relationships with a dozen fund managers across a variety of property sectors, <i>PERE</i> reported Tuesday.

CHICAGO—The REIT has completed more than $625 million in dispositions recently, including Illinois Center on its home turf, bringing the year-to-date total to $1.7 billion.

NEW YORK CITY—“Affordable housing remains one of our city's most pressing needs, and these numbers do not show any evidence that landmarking helps to preserve it,' says REBNY president John Banks.

LONDON—The company's acquisition of properties and secured loans from Portuguese asset manager Finangeste represents its 21st investment in Europe since 2013.

NEW YORK CITY—While Ventas has been “explicit” in its growth plans around acute care hospital operators, the other two Big Three healthcare REITs see the sector differently, says Fitch Ratings.

NEW YORK CITY—Seven years ago today, Lehman Brothers filed for the largest bankruptcy in US history, culminating a tumultuous weekend of financial upheaval chronicled by GlobeSt.com.

NEW YORK CITY—“We are outraged at the snail's pace of the strategic process over the last 18 months,” Rambleside CEO Gregory Cohen wrote in a letter made public on Monday.

CARROLLTON, TX—The retention level, says MPF Research's Jay Parsons, is a reflection of “the depth of demand for apartments” and the lack of an affordability crisis in investment-grade multifamily.