Palladius Capital Management is adding nine more properties to its collection.
The real estate investment manager has acquired them for $579 million. The portfolio exceeds 2,500 units, breaking down to five multifamily and four student housing properties.
While the specific regions were not listed, Palladius said it targeted "high-growth markets" nationally that had positive trends in major areas including employment, education, re-urbanization, wage growth, and infrastructure development — for multifamily. As it pertains to the student housing assets, the company valued colleges that had strong enrollment or application growth.
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