Alvista Terrace - Colton, CA
January 01, 2016
Western Real Estate Business – PRG, Blackstone Acquire 16-property Multifamily Portfolio for $570 Million
Phoenix Realty Group and Blackstone Real Estate Partners VIII acquired a 16-property multifamily portfolio for $570 million from two closed-end private equity funds managed by PRG. Properties within the portfolio span Southern California, Denver and south Florida.
The full article was originally published in the January 2016 issue of Western Real Estate Business, page 7.