Multifamily acquisitions reached record levels in Q2 this year, according to CBRE and Berkadia said it expects that pace to continue or even strengthen as this year continues.
Next in line is Redwood Capital Group, a vertically integrated multifamily investment manager, which Tuesday announced it has acquired Brook Run, a 182-unit apartment community in Arlington Heights, Ill., and Wilder, a 381-unit apartment community in Austin, Texas.
The acquisitions, which were separate transactions, reflect Redwood's commitment to aggressive and strategic national growth plans to double in size by 2025.
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