CalPERS hired 10 firms to serve in a pool of real estate appraisers for the $140 billion pension fund. They are: American Appraisal; CB Richard Ellis; CBIZ Valuation; Cushman & Wakefield; Integra Realty; James W. Sewall; Joseph J. Blake; Landauer Realty; PricewaterhouseCoopers; and Standard & Poor’s.
Separately, the California Public Employees’ Retirement System, Sacramento, committed an additional $32.5 million to Buchanan Street Partners, bringing the total allocation to $92.5 million. Buchanan Street is a manager in the system’s California Urban Real Estate Program, which provides mezzanine and structured financing for commercial, multifamily residential and mixed-use projects in California.
