NEW YORK – Investcorp has acquired a portfolio of five multifamily properties, comprising 1,854 units, in a transaction totaling $330 million.
Located throughout the suburban markets of Atlanta, GA, Baltimore, MD and Jacksonville, FL, the class B, garden-style apartment properties are currently 96% occupied.
Situated near major transportation and employment hubs, the residential assets feature various amenities, including swimming pools, fitness centers, clubhouses and 24-hour controlled access entry.
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Ingrid Tunberg
Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.
