Australia-based construction giant Lendlease has co-launched a multifamily investment fund to create a $2 billion portfolio in the U.S. The company and its partner, Australian superannuation fund First State Super, each contributed $500 million in equity to the investment vehicle, the companies announced Wednesday. They plan to create a $2 billion portfolio that includes properties in New York City, Boston, Chicago, Los Angeles and San Francisco. The portfolio already includes Southbank, a $1.2 billion mixed-use […]
source https://therealdeal.com/2018/08/22/lendlease-launches-2b-multifamily-fund/
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