Tag: US multifamily property
Empira buys development site in Miami’s Brickell area
Switzerland-based institutional real estate investment firm Empira Group has acquired the 901 SW 3rd Avenue development site, formerly known as Empire Brickell, in Miami’s...
Bell Partners pays $313m for four apartment communities
Bell Partners has acquired a portfolio of four apartment communities totaling 846 apartment homes located in Atlanta, Dallas, Denver, and Los Angeles for $313 million. The portfolio was...
Heitman buys Arizona’s tallest multifamily tower in Phoenix
Heitman has purchased 44 Monroe, a 34-story high-rise multifamily community comprised of 184 residential units and four retail spaces in the heart of downtown...
Aimco forms $1bn multifamily joint venture with Alaska Permanent Fund
Apartment Investment and Management Company (Aimco) and Alaska Permanent Fund Corporation (APFC) have signed a programmatic joint venture agreement to fund up to $1...
StepStone Group invests $300m in ACRE’s multifamily platform
Global real estate private equity firm ACRE has secured a $300 million capital commitment from StepStone Group as part of a new strategic partnership. ACRE...
BREIT completes $5.8bn acquisition of Preferred Apartment Communities
Blackstone Real Estate Income Trust (BREIT) has completed its previously announced acquisition of Preferred Apartment Communities (PAC) for $25.00 per share of common stock,...
Walker & Dunlop, Pacific Life to form $500m programmatic joint venture
Walker & Dunlop Investment Partners (WDIP) has partnered with Pacific Life to form a $500 million programmatic joint venture. The joint venture will invest in multifamily and...
EQT to buy residential investment manager Redwood Capital
Sweden-based global investment company EQT AB has agreed to acquire Chicago-headquartered real estate investment manager Redwood Capital Group (RCG). Founded in 2007 by David Carlson...
Kennedy Wilson pays $418m for three Mountain West multifamily communities
Kennedy Wilson has acquired three wholly owned multifamily communities in the Mountain West region in three separate off-market transactions for $418 million. The company acquired...
Greystar acquires multifamily portfolio for $2bn
Greystar Real Estate Partners LLC has acquired a multifamily portfolio from The Finger Companies, a Houston-based multifamily development and management company, for $2 billion. Greysar said...