The venture capital firm filters out the best investment opportunities through several processes but also peruses cold leads.
The acquisition marks the company’s fifth in the US in the past 12 months, with three sites under its belt in New York City, and a recent announcement that it had secured permits in Chicago for a 170,000-square-foot ground-up co-living project in The Chicago Loop.
Casino and hotel operator Caesars had been pushed to consider a sale by Icahn, its biggest shareholder.
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