DivCore Capital has launched a new residential investment platform, Sentral Strategic Partners, alongside ICONIQ and Sentral that is designed to invest in class A multifamily acquisitions and development across major U.S. markets. The platform expects to pursue approximately $2.5 billion of multifamily investment opportunities over time, with sponsor co-investment alongside the platform on a deal-by-deal basis.
Sentral Strategic Partners will seek to pursue acquisition opportunities created by current market dislocation, including distressed and transitional assets, mixed-use assets with commercial space, and off-market recapitalizations of underperforming loans and assets. The platform will also selectively pursue investments in high-quality development projects through co-GP relationships with multifamily developers. Both the ICONIQ and DivCore teams will source and oversee the investment management of new investments that Sentral will operate. By fully aligning capital, ow
