January 11, 2025 - 00:50

In a significant move to bolster its investment portfolio, LACERA has announced plans to commit more than $2 billion to real estate in 2025. The pension plan is strategically focusing on core assets, which are expected to provide stable returns and long-term growth potential. This decision reflects a growing trend among institutional investors to allocate capital to real estate as a hedge against inflation and market volatility.
Additionally, LACERA is set to launch an emerging manager program aimed at identifying and partnering with new and diverse investment managers. This initiative is designed to enhance the pension plan's investment strategies and support underrepresented firms in the real estate sector. By diversifying its investment approach, LACERA aims to achieve a balanced portfolio that not only meets the needs of its beneficiaries but also contributes to the overall economic development of the communities it serves. This ambitious plan underscores LACERA's commitment to sustainable and impactful investing in the real estate market.
July 10, 2026 - 03:49
Chicopee to consider quarterly real estate tax billingCHICOPEE - Mayor John Vieau has taken a step toward potentially changing how residents pay their property taxes. He recently appointed a task force to review the city`s current real estate tax...
July 9, 2026 - 02:30
North Fork house of the week and real estate transfers: July 8, 2026This week`s featured property is a four-bedroom colonial in Aquebogue, listed at $899,000. The home sits on a half-acre lot and includes a renovated kitchen with quartz countertops, hardwood floors...
July 8, 2026 - 18:09
EXCLUSIVE: Aubrey Plaza Cuts Another $450K Off Price of L.A. Home—Weeks After Relisting ItAubrey Plaza has reduced the asking price of her Los Feliz property once more, cutting an additional $450,000 just weeks after relisting it. The 41-year-old actress initially put the home on the...
July 8, 2026 - 01:19
Former Democratic mayor of state capital city pleads guilty for role in six-figure real estate bribery schemeFormer Jackson, Mississippi mayor Chokwe Antar Lumumba pleaded guilty Thursday to federal charges connected to a bribery scheme involving real estate developers. Court documents reveal that Lumumba...