RREAF Holdings, Partner in $534 Million Portfolio Acquisition
RREAF Holdings LLC, a private real estate investment and development firm based in Dallas, Texas, today announced, together with its partners DLP Capital and 3650 REIT, the successful acquisition of a 13-asset multifamily portfolio in the Sun Belt region consisting of 2,000-plus units. This is the first tranche of a large, 3-phase acquisition, which is slated to close by early November. The entirety of the portfolio totals 21 multifamily communities and 4,000-plus units, and was valued at $534 million.
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