Invesco Real Estate signed a contract to buy majority stake in a portfolio of multifamily buildings owned by AvalonBay Companies for $760 million. Invesco signed a contract Thursday to buy an 80-percent stake in five Manhattan rental buildings with a combined 1,300 residential units and 58,000 square feet of retail, sources told The Real Deal. Representatives for Invesco and AvalonBay could not be immediately reached. Real Estate Alert first reported the two sides were in […]
source https://therealdeal.com/2018/10/04/invesco-buying-80-stake-in-avalonbay-portfolio-for-760m/
No comments:
Post a Comment