Finger Cos. sells $2b multifamily portfolio
Transactions - OCTOBER 20, 2021

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Finger Cos. sells $2b multifamily portfolio

by Andrea Zander

Finger Cos. has sold a portfolio comprised of more than 20 garden and mid-rise assets from its national holdings to a venture led by Greystar in a transaction valued at $2 billion.

As part of the transaction, the new venture agreed to retain all of Finger’s on-site employees.

“Today’s announcement is a direct reflection of the talented and devoted family of long-term employees who have consistently upheld the highest standards in the industry,” said Marvy Finger, the Finger Cos. founder, president and CEO. “The agreement to sell part of our portfolio to the venture spearheaded by Greystar will allow that legacy to continue uninterrupted.”

Finger has retained ownership and management of nearly every apartment project he has developed since the 1958 launch of his company, which is one of the only remaining independent multifamily development and management companies in the United States. The sale of even a portion of this portfolio, t

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