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International

BentallGreenOak to acquire NYC’s Metropolitan RE Equity LLC

RENX Staff Commercial Transactions International Feb. 25 2021

BentallGreenOak says it has an agreement to acquire Metropolitan Real Estate Equity LLC, a New York-based global primary, secondary and co-investment real estate platform with more than US$2.4 billion in assets under management. It is acquiring Metropolitan from The Carlyle

Tricon sells 80% stake in $1.33B US multifamily portfolio

Don Wilcox Residential Transactions International Feb. 25 2021

Tricon Residential (TCN-T) is selling an 80 per cent interest in its 23 wholly owned U.S. multifamily apartment properties to two institutional investors in a transaction which values the assets at $1.331 billion (all figures US, unless otherwise stated). Tricon

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