New CalPERS’ investment chief decried the fund’s underperforming returns over the past decade, reports The Wall Street Journal. Apartment rent growth normalized to a more moderate pace in August, according to Multifamily Dive. These are among...
The firm is joining Tent, a nonprofit network of major corporations committed to supporting refugees, New York-based Blackstone said Tuesday in a statement. The alternative-asset manager said it has already hired 500 displaced people.
Amid housing sales slowdown, potential home sellers turn to becoming landlords, reports The Wall Street Journal. Real estate firms were among those most likely to have workers in the office in September in New York City, according to GlobeSt.com...
Recent U.S. acquisitions by Amancio Ortega’s Pontegadea are representative of a broader shift in family office investment preferences.
