The San Francisco City and County Employees’ Retirement System is canceling plans to invest up to $100 million in real estate over the next 6 to 9 months amid the market's recent downturn. They say the measure would not be "prudent." And they should know -- they've already invested more than $100 million this year. And so it continues. [Private Equity Real Estate]
For more stories from Curbed SF, go to sf.curbed.com.