Tag: US multifamily property
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...
Carroll, PGIM sell 12 multifamily communities for $1.1bn
Carroll, a privately held real estate company, and PGIM Real Estate have sold 12 multifamily communities valued at more than $1.1 billion, representing 4,121...
Rockpoint, Resicap expand single-family rental partnership
Real estate private equity firm Rockpoint Group and Resicap, an owner and operator of single-family rental homes headquartered in Atlanta, are expanding their single-family rental...
Lincoln Property, Cadillac Fairview, IMCO grow multifamily fund to $1.8bn
Lincoln Property Company’s residential division (Lincoln Residential) and its partner, Cadillac Fairview, as co-sponsor, have grown their US multifamily fund from $800 million to...
Greystar sells US multifamily value-add fund for $3.6bn
Greystar Real Estate Partners has agreed to sell a 30-property, U.S. multifamily portfolio for $3.6 billion. The fund was formed as part of Greystar’s flagship...
Morgan Properties buys two portfolios for $780.5m
Morgan Properties has purchased two portfolios totaling 18 apartment communities and 4,724 units in four states: Georgia, Florida, North Carolina, and South Carolina. The company...
