MacFarlane Partners has provided real estate investment management services to institutional investors via commingled funds and separate accounts since 1987. Selected accounts and funds are profiled below.
Own and operate institutional-grade properties developed by MacFarlane Partners and others that promote smart growth, urban revitalization and sustainability. Seek to benefit from the income and appreciation gains that long-term ownership of high-quality, urban and high-density suburban assets located in top-tier U.S. markets can provide.
Bouwinvest Real Estate Investors
Invest in the development, redevelopment and repositioning of properties promoting smart growth, urban revitalization and sustainability in urban and high-density suburban areas of the U.S.
Three foreign institutional investors.
Invest in and alongside early- and mid-stage real estate operating and development companies with strong performance potential by acquiring equity stakes in the companies themselves and nurturing their growth in addition to providing investment capital with which they can pursue their investment strategies. Focus on companies active in urban and high-density suburban property markets.
Single-investor venture with the California State Teachers’ Retirement System.
In late 2017, Jair Lynch Real Estate Partners successfully “graduated” from its nine-year emerging-manager relationship with MacFarlane Partners and began managing real estate investments directly for CalSTRS, the sole investor in Emerging Managers Fund I. The new Lynch-CalSTRS venture acquired the Fund’s assets and the Fund was closed in accordance with its limited partnership agreement. CalSTRS subsequently committed another $200 million to be managed directly by Lynch.
Invest in the development, redevelopment and repositioning of properties promoting smart growth and urban revitalization in urban and high-density suburban areas of the U.S.
Fourteen institutional investors, including domestic and foreign pension plans, insurance companies, a university endowment fund and a private foundation.
Invest in the development, redevelopment and repositioning of properties promoting smart growth and urban revitalization in urban and high-density suburban areas of the U.S. Also invest in the development of affordable/mixed-income housing financed through tax-exempt bond issues.
Single-investor joint venture with the California Public Employees’ Retirement System.
Acquire apartment, industrial, office and retail properties in markets nationwide that provide high and stable levels of current income with moderate capital appreciation. Proactively manage the capital structure and property operations to enhance income and appreciation returns.
Managed real estate separate accounts on behalf of more than 25 institutional investors, including the AFL-CIO Building Investment Trust, the California Public Employees’ Retirement System, the Sacramento County Employees’ Retirement System, the Teacher Retirement System of Texas, and the pension plans of AT&T, General Motors, United Technologies and Verizon.