CRPTF commits $350M to real estate funds from Sterling Organization and TA Realty

The Connecticut Retirement Plans and Trust Funds (CRPTF) has committed $350 million to real estate, according to an announcement by the pension fund.

Sterling United Properties I, a vehicle of Sterling Organization, received $150 million for its closed-end, core-plus strategy to invest in retail and strip centers in the United States. A fundraising goal has not been determined.

TA Core Property Fund, a program of TA Realty, is an open-end, core fund. This fund invests in residential, industrial, office and retail properties in the United States.

TA Realty
Tim Shaheen | Chief Development Officer, TA Digital Group
TA Realty
Christine Elmore | Partner, Acquisitions-Texas, Denver, Nashville
Sterling Organization
R. Alex Caputo | Vice President, Investments & Capital Markets
TA Realty
Thomas Shapiro | Partner, Acquisitions

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