We partner with many of the nation’s leading merchant developers (Hanover, Wood Partners, Lennar, Trammell Crow Residential, BNE Real Estate Group, ZOM Living,  Mill Creek Residential, Streetlights, Altman Companies, etc.) under a highly successful build-to-core program commenced after the Great Financial Crisis.  The investments are made on behalf our CalPERS and OPERF programs and provide a significant pipeline of new core assets for those investment mandates.