Ilmarinen Teams Up with New York Life on $620 Million Office Portfolio

by | Oct 6, 2017 | Commercial Real Estate News

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Ilmarinen Teams Up with New York Life on $620 Million Office Portfolio

Ilmarinen Mutual Pension Insurance Co., Finland’s oldest pension fund, and New York Life Insurance Co. have formed a new joint venture to own and acquire U.S. commercial properties.

New York Life seeded the venture with a portfolio of initial investments: six office properties in Boston, Washington DC, Charlotte, San Francisco, Los Angeles and Orange County. However, the properties have yet to be specifically identified other than one being the…

Article From: "Key Realty Commercial Real Estate News"   Read full article