For Sealy, the deal to acquire 20-building portfolio in Memphis was all about location, location … and size.
The unnamed Asian investor will contribute approximately $108 million for a 39% equity interest in the joint venture and ILPT will own the remaining 61% equity interest in the joint venture.
The company has disclosed its multifamily investment activity for 2021, which includes scaling its Sunbelt portfolio.
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The multifamily industry is rebounding from the largest disruption in American housing since the Great Recession. Keeping tabs on historic trends, within the context of post-pandemic data, has tremendously helped CRE professionals better navigate the industry. This report summarizes the current state of the multifamily housing industry.
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Digital transformation has become a business imperative. As CRE shifts from an asset lease to a service delivery model, data-driven decision making will continue to mature. Download this eBook for a roadmap and best practices to achieving the benefits of digitization.
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In order to reach the fastest-growing renter segments in the U.S. (Gen Z and Millennials), property owners need to stand out from the crowd with amenities that fit renter needs. This whitepaper explores the emerging trends that are attracting these renters, along with the amenities that will shape expectations for digital access, financial flexibility and convenience for years to come.
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