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Greystar Closes on Two NYC Multifamily Acquisitions Totaling $336.3M

Greystar Real Estate Partners LLC, a leading global investment, development and management firm in t

Greystar Real Estate Partners LLC, a leading global investment, development and management firm in the rental housing industry, has acquired through separate, unrelated transactions two multifamily properties in New York City for an aggregate $336.3 million, or approximately $902,000 per home.

The two transactions mark the full investment of Greystar Equity Partners VIII LP, an $800 million investment vehicle that is part of the firm’s flagship…

Source: Co Star Commercial Real Estate