Greystar Real Estate Partners, on behalf of its affiliates, has held a final close of Greystar Equity Partners XI (GEP XI), with aggregate equity commitments of $1.9 billion.
A discretionary, commingled vehicle, GEP XI offers a strategic allocation to development and alternative rental residential sectors, providing access to Greystar’s living-sector pipeline across both value-add acquisitions and development.
“We have maintained an unwavering focus on consistently refining our value-add strategy in an effort to deliver attractive risk-adjusted performance and build strong relationships with our partners,” said Wes Fuller, Greystar’s CIO. “We take immense pride in the GEP series. We believe our value-add rental housing strategy offers an attractive opportunity to invest in U.S. housing and add sorely needed higher quality supply for the large and growing cohort of young professionals, middle-income families, and price-conscious renters. We are grateful for th
