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Varia reshapes $694 million apartment portfolio with Brookfield deal

Owner plans more property sales
Varia US Properties counts the Residences at Echelon in Lee's Summit, Missouri, among its 17 properties. (CoStar)
Varia US Properties counts the Residences at Echelon in Lee's Summit, Missouri, among its 17 properties. (CoStar)
CoStar News
August 13, 2026 | 8:18 P.M.

Varia US Properties is accelerating a pullback from parts of its U.S. apartment portfolio with the formation of a venture with Brookfield Asset Management and plans for more property sales as parent company SWI Group shifts more capital to data centers and artificial intelligence systems.

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