Florida’s pension manager set a fiscal 2026 real estate pacing plan up to $2.1B, starting July 1.
The plan earmarked up to $1.2B for core assets and $900M for non-core real estate exposure.
Core strategy uses separate account managers for stabilized properties and selective build-to-core projects with defined risk limits.
Non-core exposure comes via funds and global co-investments; allocations favor apartments, manufactured housing, build-to-rent, and student housing.
Portfolio outlook stayed positive on industrial and medical office, cautious on commercial office; real estate totaled $21.1B, 9.52% vs 12% target.
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Buying a new home is an exciting milestone, but it comes with its own set of financial considerations. For residents in Miami-Dade and Broward counties,
August 10, 2026
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