Orange County ERS Targeting up to $375M in Real Estate in 2024

The Orange County Employees Retirement System reviewed their 2024 real estate investment plan at the March 20th Board of Retirement meeting.

In a presentation from real estate consultant Townsend, up to $150 million is expected to be committed in core real estate to 0-2 investments in 2024. And $150 million to $225 million is being targeted in non-core real estate to 2-4 investments. 

As of December 31, 2023, OCERS was valued at approximately $22 billion. 

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