Since 2015, the Fogelman-Thackeray partnership has acquired seven multifamily communities totaling more than 1,800 units, with an aggregate value of more than $220 million.
As part of the deal Greystar and Blackstone are acquiring a portfolio of off-campus student housing for $1.2 billion.
Greystone leveraged Fannie Mae’s Green Rewards program, which provides borrowers committed to making energy or water usage improvements with favorable financing terms.
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