Boone DuPree and the office group at Preferred Apartment Communities took pride in the portfolio they built at the real estate investment trust. So when PAC decided to sell its office properties and disband the division, DuPree and his colleagues wasted little time deciding what to do next.
When a REIT Sold Its Office Division, Those Who Ran It Started a Firm of Their Own
A Daily Look at the Movers and Shakers in Commercial Real Estate
By Tony Wilbert
CoStar News
November 12, 2021 | 4:52 P.M.
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IN THIS ARTICLE
- Properties
- Tower Place 200
3348 Peachtree Rd, Atlanta, GA
- Companies
- NewStar Asset Management LLC
Real Estate
- Elion Partners
Real Estate
- Contacts
- Joe Gibson
Founding Partner, Chief Investment Officer, NewStar Asset Management LLC
- Carl Dickson
Executive Vice President of Asset Management, NewStar Asset Management LLC
- Boone Dupree
President and Chief Executive Officer, NewStar Asset Management LLC
- Jason Frost
Executive Vice President of Development, NewStar Asset Management LLC