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CHARLESTON, SC—Greystar Real Estate Partners has made a finalclose on its fund Greystar Equity Partners X with equitycommitments of $2 billion. Greystar says that GEP X represents thelargest ever fundraise for a US multifamily value-add fund.

Investors in GEP X included global institutional investors fromNorth America, Continental Europe and Asia-Pacific.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.