The investor acquires Alura, a 250-unit multifamily property in Warner Center in Woodland Hills.

The fund is the firm's second workforce housing fund in two years and has a total buying power of $90 million in assets.

Malin and Roberta Burnham of the Burnham Foundation, will make a $2.3 million donation to support real estate scholarships and faculty.

San Francisco continues to be the top-performing tenant and investment market in the United States and office sales volume is on pace to match or surpass the $8.45 billion record established in 2007.