Integrations
Services
Company
FUNDRAISING NEWS | February 07, 2023
The Florida State Board of Administration has disclosed six real estate investments totaling up to $594 million in the fourth quarter of 2022, according to a recently released new manager report.
$122.6 million was invested in KCS Icebox Venture, a joint venture with L&B Realty Advisors.
$65 million was committed to Montecito 300 Ventures II managed by Heitman. The Board previously committed approximately $40 million to the joint venture with Heitman in Q3 2022.
Approximately $50 million was invested in a joint venture with Core and Value Advisors (Stockbridge) called Foundry Lakeside Station. In addition, $136 million was invested in another joint venture with Core and Value Advisors (Stockbridge) called Foundry Phase V.
$70 million was committed to KCS Icebox Venture, a joint venture managed by L&B Realty Advisors.
Lastly, real estate debt fund Torchlight debt fund VIII, received a $150 million commitment.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
August 10, 2023
November 08, 2022
925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481
© Dakota 2025 | Terms of Use | Privacy Policy | California Privacy Policy