"HORIZONTAL APARTMENTS" GP INVESTMENT ON FOUR-PROJECT PORTFOLIO
We are pleased to announce that we have recently closed a "GP" level investment on a portfolio of four large scale "horizontal apartment" projects.
This transaction featured a highly complex ownership structure necessary to accommodate multiple projects and multiple levels of ownership. The investment is poised to take advantage of net migration away from higher cost of living, and coastal MSA's, while offering tenants a unique lifestyle, that is unmatched by traditional apartment product.
BEACHROCK THANKS EVERYONE INVOLVED IN THIS TRANSACTION!