CapitaLand Forms $300 Million Joint-Venture to Scale Multifamily Housing Portfolio in The United States with Initial Focus in Austin, Texas
AUSTIN, TX - CapitaLand has formed a programmatic joint venture to scale its multifamily asset portfolio in the United States of America (USA). Through the joint venture, CapitaLand will have a strategic arrangement with its joint venture partner to acquire and develop multifamily assets totaling US$300 million $416.1 million in gross asset value. The joint venture partner is an Austin-headquartered real estate investment, development and property management firm. The joint venture will in...
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Source: multifamilybiz.com