Milhaus and SRG Residential have completed their merger, forming a national, vertically integrated multifamily platform focused on developing, owning and managing apartment communities in more than 20 top U.S. apartment markets. After the merger, the combined development pipeline includes more than $2.5 billion of total investment activity and more than 50,000 apartment homes under third-party management, supported by approximately 1,400 employees.
Milhaus also has agreed to acquire Broadshore Capital Partners to expand investment and lending capabilities. Together, the three companies will benefit immediately from a more durable balance sheet, cycle-tested leadership, a strong foundation for growth and greater access to a diverse pool of development and investment opportunities.
The merger with Newport Beach, Calif.-based SRG Residential, a subsidiary of Sares Regis Group, adds more than 190 properties and 46,000 units to the third-party property management portfolio
