What multifamily firms bought and sold this summer
This summer, multifamily housing companies actively adjusted their asset portfolios. Knightvest purchased over a thousand units in Austin, Scion Group acquired a student housing portfolio for $400 million, and Camden sold all its California assets for $1.6 billion.
Multifamily firms have been actively acquiring and offloading assets in recent months.
Some of the biggest transactions were completed by Knightvest, which bought over 1,000 units in Austin, Texas, and Scion Group, which acquired a 2,316-bed student housing portfolio for $400 million.
Camden, meanwhile, sold its entire 3,620-unit California portfolio for $1.6 billion as it moved to exit the state.
Read on for more about some of the most notable apartment transactions from this summer.