Sagard Real Estate grows multifamily portfolio with purchase of Highlands at Morris Plains

Sagard Hires Acquisitions Head in Push for SW Real Estate

Canadian manager Sagard Real Estate has made a key leadership appointment as it looks to bolster its position in the Southwest of the United States.Bryan Russell has joined the firm as the acquisitions lead for the market, based in Newport Beach. The move follows a year-and-a-half spell at TA Realty in Orange County, where Russell previously managed a portfolio of multiple product types.

Sagard Real Estate grows multifamily portfolio with purchase of Highlands at Morris Plains

Real estate investment firm Sagard Real Estate announced the acquisition of Highlands at Morris Plains, a workforce housing apartment community located in Morris Plains. This acquisition marks the third investment for Sagard Real Estate’s recently launched moderate value-add, open-end fund, which targets seaport/last-mile industrial, attainable rental housing serving the local workforce, and other niche property subsectors in supply-limited and …

Sagard grows value-add fund with Morris Plains multifamily buy

The basics: Sagard adds 116-unit Highlands at Morris Plains to value-add fund Property offers NYC access, NJ Transit proximity, in-demand amenities $1.6M renovation plan includes unit, common area upgrades Fund targets workforce housing, last-mile and niche assets Sagard Real Estate continues efforts to expand a newly launched fund targeting last-mile industrial, attainable rental housing and more with a new multifamily acquisition in North Jer…