Reading Time: < 1 minuteUS: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.
Reading Time: 2 minutesUK: Legal & General Retirement Institutional (LGRI) has announced plans to invest £2.5 billion of retirement funds into BTR schemes over the next five years.
Reading Time: 2 minutesUK: NatWest and Leumi UK will provide debt packages to support EQT Exeter and Sigma Capital’s residential joint venture to bring affordable new rental homes to Greater London
Reading Time: 2 minutesUK: Realstar and Lendlease have agreed forward funding for BTR units at Deptford Landings in south-east London.
Reading Time: < 1 minuteUK: L&G’s suburban BTR division has acquired a development in Great Haddon, Peterborough from developer Countryside.
Reading Time: 2 minutesUS: BTR developer and operator Cortland has appointed Jason Kern as president of investment management, a new role created to support the firm’s growth in the US and overseas.
Reading Time: < 1 minuteUK: Amro Partners, in partnership with Flemyn LLP, has acquired the Croydon Park Hotel in south London for a £200 million GDV BTR development.
Reading Time: 2 minutesUK: Crosslane Residential Developments has unveiled proposals for a major BTR development at Ocean Point 2, next to Ocean Terminal in Leith, two miles from Edinburgh city centre.
Reading Time: 2 minutesUK: High Street GRP, a Newcastle-based BTR developer largely funded by retail investors, has been placed in administration.
Reading Time: 2 minutesUK: Greystar has formed a strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority of up to £2.2 billion to develop BTR housing in London and its surrounding commuter towns.
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