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Greystar Raises $2 Billion for Multifamily Fund

Closing Marks One of the Largest Hauls for a Multifamily Value-Add Strategy
Greystar's Equity Partners X fund acquired the Avana Cumberland Apartments in Atlanta last month for $61 million. (CoStar)
Greystar's Equity Partners X fund acquired the Avana Cumberland Apartments in Atlanta last month for $61 million. (CoStar)
CoStar News
November 8, 2019 | 8:13 P.M.

Greystar Real Estate Partners pulled in $2 billion from institutional investors across the globe as part of its Greystar Equity Partners X fund. GEP X represents one of the largest hauls ever for a U.S. multifamily fund focused on properties that can be improved and allowing for a boost in rents.

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