Real Estate/Development
Jan. 2, 2000
CalPERS ups urban retail investment by $50 million
The California Public Employees' Retirement System approved an additional $50 million investment to bring retail developments to underserved urban markets within California's major metropolitan areas.
The California Public Employees' Retirement System approved an additional $50 million investment to bring retail developments to underserved urban markets within California's major metropolitan areas.
The additional funds are targeted to be invested by California Urban Investment Partners - a joint venture between CalPERS and Johnson/MacFarlane Urban Partners. In 1996, CalPERS joined with former Los Angeles Lakers star Earvin "Magic" Johnson Jr. and real estate adviser Vict...
The additional funds are targeted to be invested by California Urban Investment Partners - a joint venture between CalPERS and Johnson/MacFarlane Urban Partners. In 1996, CalPERS joined with former Los Angeles Lakers star Earvin "Magic" Johnson Jr. and real estate adviser Vict...
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