CalPERS to Shed $3B By Year’s End
[{"id": "csog3xl", "text": "They've been around for a very long time. Given the astronomical rise in real estate prices for so many markets, it's possible the properties they sell are a tiny fraction of their RE holdings.", "replies": [{"id": "csosnvr", "text": "If memory serves correct, they have some $300B in total assets, so this is but a drop in the bucket.  ", "replies": [], "depth": 2}], "depth": 1}]