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Starwood Real Estate Income Trust Acquires 15,460 Unit Multifamily Housing Portfolio From Strata Equity Group

by benzinga.com posted 4weeks ago 221 views
MIAMI, Nov. 10, 2021 /PRNewswire/ -- Starwood Real Estate Income Trust, Inc. ("SREIT"), a non-listed REIT managed by Starwood REIT Advisors, L.L.C., a subsidiary of Starwood Capital Group ("Starwood Capital"), announced today the acquisition of a multifamily housing portfolio of 15,460 units located in 62 communities from Strata Equity Group ("Strata"), a privately held real estate investment and management company based in San Diego. Terms of the transaction were not disclosed. The acquired portfolio is located in 27 markets across 10 states, primarily in the Southeast region of the United States, including Georgia, Tennessee, and North Carolina.

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