The transaction shifts Preferred Apartment Communities' focus to its multifamily properties while boosting TPG Real Estate Partners' presence in Europe.
In many cases, older student housing doesn’t meet CDC standards in the COVID era.
Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone’s wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.
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