{"id":285686,"date":"2026-07-03T09:19:12","date_gmt":"2026-07-03T09:19:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/285686\/"},"modified":"2026-07-03T09:19:12","modified_gmt":"2026-07-03T09:19:12","slug":"new-york-state-common-makes-96m-us-residential-real-estate-push-news","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/285686\/","title":{"rendered":"New York State Common makes $96m US residential real estate push | News"},"content":{"rendered":"<p>New York State Common Retirement Fund has made three US residential real estate investments worth a total of $95.7m (\u20ac84m) through separate accounts managed by <a class=\"intextlink\" href=\"http:\/\/hub.ipe.com\/lasalle-investment-management-real-estate-homepage\/415589.supplier\" rel=\"intextlink_0 nofollow noopener\" target=\"_blank\">LaSalle Investment Management<\/a> and JP Morgan Asset Management.<\/p>\n<p>Through the LaSalle separate account, the pension fund invested $48.9m for a 90% stake in the 192-unit Modera Bankers Hill apartment project in San Diego, structured as a joint venture with the developer, Mill Creek Residential. It also acquired the 168-unit Whistler\u2019s Green apartment complex in Naples, Florida, from Dominium for $30.7m.<\/p>\n<p>New York State Common also invested $16.1m through its JP Morgan separate account to acquire the 42-unit Martinique at Lakewood Ranch Phase II townhouses project in Sarasota, Florida, from Neal Communities.<\/p>\n<p>To read the latest <a href=\"https:\/\/realassets.ipe.com\/current-edition\" rel=\"nofollow noopener\" target=\"_blank\">IPE Real Assets magazine click here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"New York State Common Retirement Fund has made three US residential real estate investments worth a total of&hellip;\n","protected":false},"author":2,"featured_media":285687,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[9,11,10,49,51,50],"class_list":["post-285686","post","type-post","status-publish","format-standard","has-post-thumbnail","category-new-york","tag-new-york","tag-new-york-headlines","tag-new-york-news","tag-new-york-state","tag-new-york-state-headlines","tag-new-york-state-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/285686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=285686"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/285686\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/285687"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=285686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=285686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=285686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}