Starwood Real Estate Income Trust Inc. (SREIT) has acquired an 18-property, 3,336-unit affordable housing portfolio in Florida and North Carolina. The sales price was reported as $461 million. At the time of sale, the portfolio was 96% occupied. More than 50% of the garden-style portfolio is located in Orlando, Jacksonville, Raleigh and Charlotte. The individual properties in the sale were not…
Starwood REIT Snags Southeast Affordable Housing Portfolio for $461M
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