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3650 REIT Invests in Apartment Transactions Worth $1.2B

Investments include $93.5 million preferred equity stake in 12-asset Southern portfolio and $89 million preferred equity stake in 21-asset Transcoastal portfolio.

By Paul Bergeron | October 13, 2021 at 07:05 AM

The multifamily housing market in the Southeast and Sun Belt regions remain supply constrained, according to 3650 REIT. 

And because many investors and renters would agree, 3650 co-founder and managing partner Jonathan Roth said his fund’s first major transactions from 3650’s preferred equity investment program have been made in those areas.

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