Bell Partners has sold 23 apartment communities for more than $1.8 billion. The assets, located across the United States, were a part of multiple investment vehicles managed by the company.
In addition to the recent dispositions, Bell Partners has been actively investing capital on behalf of Bell Value-Add Fund VII and Bell Core Fund I in high-quality apartment communities located throughout the company's target markets, including recently purchased assets in Atlanta; Austin; Boston; Charlotte, N.C.; Dallas; Fort Lauderdale, Fla.; Los Angeles; Raleigh, N.C.; San Francisco; Seattle; and Washington, D.C. The company has completed approximately $4.3 billion of acquisitions and dispositions so far in 2021.
"Despite the economic disruption caused by COVID, the performance of our portfolio has remained resilient," said Jon Bell, CEO of Bell Partners. "We have experienced some of the strongest market fundamentals in the 45-year history of the company. We remain optimistic abo