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Page 10 - கிரேஸ்டார் ரியல் எஸ்டேட் கூட்டாளர்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The Top Multifamily Stories of 2020

The Top Multifamily Stories of 2020 The apartment industry faced new challenges and demonstrated its strengths in a year of unparalleled turbulence. Dec312020 Image via Pixnio The apartment industry kicked off 2020 in a position of strength, benefitting from job growth, low interest rates and robust sector fundamentals. Nobody could have predicted the turbulent events of March and April, which saw a global pandemic and public health response that affected billions of lives and brought much of the U.S. economy to a standstill. Multifamily owners and operators were forced to quickly adapt and innovate in the face of new social distancing guidelines and renters’ strained economic circumstances. But, with the federal government propping up residents with stimulus money and additional unemployment benefits, the industry weathered the storm better than most other commercial property sectors. While major hurdles remain, the resiliency of multifamily has enabled alloc

KKR Sells Two Student Accommodation Assets in the Netherlands Totaling 1,380 Units for €190m - Press Release

KKR Sells Two Student Accommodation Assets in the Netherlands Totaling 1,380 Units for €190m LONDON & AMSTERDAM (Business Wire) Leading global investment firm KKR today announces it has sold two major student housing developments in the Netherlands for €190m. Xior Student Housing NV acquired the Zernike Tower, c.700 units in Groningen, and Greystar Real Estate Partners LLC acquired c.680 student accommodation units in Utrecht. Earlier this year in May, in a separate transaction, KKR sold the residential buildings in Utrecht, comprising 173 units, to GIC and Orange Capital Partners. KKR acquired the sites in 2018 to help meet the growing demand for high-quality affordable accommodation for students and young professionals across Europe. Under KKR s ownership, the sites have been delivered to meet the rapidly growing demand for student accommodation in two of the largest student cities in the Netherlands.

KKR Sells Two Student Accommodation Assets in the Netherlands Totaling 1,380 Units for €190m

KKR Sells Two Student Accommodation Assets in the Netherlands Totaling 1,380 Units for €190m
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