LaSalle Investment Management has completed a $250 million co-investment alongside Cortland Enhanced Value Fund VI into a portfolio of 19 multifamily properties that Cortland acquired for $1.6 billion in November 2025. LaSalle’s commitment primarily will support the value-add repositioning of the assets.
LaSalle’s co-investment represents approximately 34 percent of the equity in the portfolio, which comprises nearly 6,000 apartment units located across metro Atlanta, Washington, D.C., and Northern Virginia. Cortland will operate and manage the individual properties.
The investment aligns with LaSalle’s conviction in its value-added strategy, and its ability to selectively deploy capital into well-located multifamily assets where operational improvements, capital investment, and active management can drive long-term value for investors.
“This investment reflects our conviction in multifamily fundamentals and the opportunity to create value through active
