"Partners Group offers StoryBuilt a bold future where we can fast-track our growth and steadily increase our real estate acquisitions and development," states Anthony Siela, StoryBuilt co-founder. "Strategically, this joint-venture propels StoryBuilt forward in its goal to serving the current and future residents of the most dynamic neighborhoods and cities in the U.S., while becoming a leading national infill developer, owner and operator of residential and mixed-use communities. It will also enable StoryBuilt to execute more efficiently and expand the management services platform organically as well as to third parties."

"We see strong thematic investing opportunities in the residential market across growth cities," says Scott Egarian, Partners Group's member of management, private real estate Americas. "Growth cities, such as Austin, Dallas, Denver and Seattle, are often characterized by rising populations and vibrant economies. The lack of housing in these cities, especially in the infill market close to urban cores, should underpin demand in the years ahead. We believe StoryBuilt has the right proposition and look forward to working with the team as we execute on an existing pipeline of projects and look for new acquisitions."