KKR Acquires $2.1 Billion Multifamily Portfolio from Quarterra
June 25, 2024Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets
The recently-built, Class A portfolio consists of over 5,200 units concentrated primarily in growing coastal and sunbelt markets including
“We are pleased to acquire this exceptional, well-located multifamily portfolio from one of the world’s premier developers and owners of residential real estate,” said
“Quarterra is known for their high-quality assets and we are thrilled to be working with them on this transaction,” said
KKR will work with leading multifamily operators, Carter-Haston,
KKR was advised on the transaction by
About KKR
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of
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KKR
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Source: KKR
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