Mass PRIM’s Inaugural Direct Real Estate Deal
Posted on 12/22/2016
The Massachusetts Pension Reserves Investment Management Board (Mass PRIM) made its inaugural direct real estate investment in a bid to save on manager fees. Real estate investments make up roughly 10% of Mass PRIM’s current portfolio allocation. The public fund acquired 21 acres and a related ground lease in Santa Clara, California for US$ 112.25 […]
