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Leste Real Estate U.S. sells multifamily projects for $210m
Transactions - JANUARY 18, 2022

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Leste Real Estate U.S. sells multifamily projects for $210m

by Andrea Zander

Leste Real Estate U.S., the real estate investment advisor of global independent alternative investment manager Leste Group, has sold recently developed class A multifamily projects in Tampa Bay, Fla., and Charlotte, N.C.

The two class A properties comprised 623 units and were sold for a combined $210 million, generating attractive returns on Leste’s investment. The new owners were not disclosed.

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