Less than two years after Property Markets Group launched its own co-living business, the Kevin Maloney-led firm said it has $1 billion worth of inventory in the hopper. In partnership with Raven Capital Management, a New York-based private equity firm, PMG has committed $300 million in equity to building X Social Communities, which it described as a multifamily housing division. XSC has 10,000 units in the pipeline nationwide, according to Noah Gottlieb, a principal at […]
source https://therealdeal.com/2018/11/28/pmg-raven-plan-1b-worth-of-co-living-units/
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