CapitaLand has touched down in the United States multifamily market in a big way, courtesy of Starwood Capital. The Singapore-based investment firm acquired an $835 million portfolio of 16 properties across the U.S. from Miami Beach-based Starwood. The portfolio includes 3,787 residential units at a price of around $220,000 per unit. CapitaLand announced the deal Thursday but did not disclose the seller. Records show the properties are owned by entities tied to Starwood. Starwood could […]
source https://therealdeal.com/la/2018/09/20/starwood-sells-835m-multifamily-portfolio-to-capitaland/#new_tab
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