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In terms of US community #pensions backing #CRE motor vehicles, it’s sentiment initially, metrics to comply with. That’s what Ferguson Associates Scott McIntosh exclusively explained to Green Street’s Real-estate Inform regarding the agency’s quarterly update on #fairness pledges for #funds and #separateaccounts. The upshot: some $7.1B was pledged in Q3, down thirteen% from a little bit about $8B from the prior-calendar year time period. General, pledges for the initial 9 months of 2024 total about $24B, down nine% YoY.