(To read more on the multifamily market, click here.)

PHILADELPHIA-An institutional equity investor that cannot beidentified during the quiet period in preparation for an IPO hasobtained an aggregate of nearly $282.3 million to acquire twoseparate and diverse portfolios. One consists of 14 office andwarehouse buildings. The other contains four independent livingproperties in two states. In both cases, locally based RemingtonFinancial Group Inc. arranged debt and bridge financing.

With nearly $142.3 million in funding from JP Morgan Chase, theinvestor and an operating partner have acquired a 2.7-million-sfoffice and warehouse portfolio for an aggregate cost of $150million. The assets are spread across 10 Midwestern andSoutheastern states and are being acquired from three separatesellers. The sellers of two of the buildings are the properties'respective occupants. One real estate investment firm is the sellerof the other 12 properties.

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