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ExchangeRight Continues To Sell Off Its Multifamily Investments

DB Capital Management Buys Three-Property Apartment Portfolio in Austin, Texas
An apartment complex at 1200 Mearns Meadow Blvd. in Austin, Texas, was one of three properties ExchangeRight sold to DB Capital Management. (CoStar)
An apartment complex at 1200 Mearns Meadow Blvd. in Austin, Texas, was one of three properties ExchangeRight sold to DB Capital Management. (CoStar)
CoStar News
February 19, 2021 | 6:40 P.M.

Pasadena, California-based ExchangeRight completed the sale this month of a three-property, 422-unit portfolio in Austin, Texas. The deal is noteworthy for what it reveals about both the buyer’s and seller’s motivations and strategy for the year.

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News | ExchangeRight Continues To Sell Off Its Multifamily Investments