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Greystar Real Estate Partners will shed a 30-property multifamily portfolio for a price tag of $3.6 billion. The buyer is Ivanhoe Cambridge, according to PERE. 

Greystar’s flagship US multifamily value-add fund focuses on acquiring “well-located, institutional quality apartment communities in target markets throughout the US that present significant upside potential through operational efficiency and capital improvements,” the company said in a statement announcing the sale. It has raised $5 billion since its launch and includes institutional investors from North America, Continental Europe, and Asia-Pacific. 


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