MANAMA: Investcorp has acquired a portfolio of five, 96 per cent occupied multifamily residential properties comprising 1,854 units across three key US suburban markets for approximately $330 million.
This latest acquisition expands the Bahrain-based alternative investment manager’s footprint in US multifamily real estate, where it has been one of the most active international buyers and sellers, including having recently sold more than $1 billion in US multifamily real estate assets .
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