JRK, a Los Angeles–based real estate investment firm, has acquired a $400 million, three-property multifamily portfolio from Equity Residential, concluding 2025 in which the firm acquired more than $1.3 billion in multifamily assets across the United States.
The newly acquired portfolio comprises 803 apartment homes across three major U.S. markets, including 408 units at Centennial in Seattle; 301 units at 77 Park Ave. in Hoboken, N.J.; and 94 units at C on Pico in Los Angeles.
These investments span JRK’s two multifamily strategies: the JRK Platform 5 Fund, a $1 billion discretionary vehicle targeting post-1990, core-plus and value-add communities; and JRK MF Opportunities III, a $188 million value-add fund focused on 1989 and older vintage assets with meaningful repositioning potential. In addition, JRK is investing out of a $350 million hospitality platform focused on opportunistic full-service and select-service hotel investments nationwide.
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