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2 investment firms team up to acquire portfolio of 51 properties - Broadband Communities
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2 investment firms team up to acquire portfolio of 51 properties - Broadband Communities
News Manulife Investment Management and TruAmerica are teaming up on a $1 billion venture and are acquiring 51 properties. Edited by Brad Randall, Broadband Communities Manulife Investment Management and Los Angeles–based TruAmerica Multifamily announced last week they have formed a $1 billion joint venture, Anchor Point Residential, to acquire and operate income-restricted affordable housing across major U.S. metros. The partnership’s first mov…
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