NAA Industry Insider: Greystar Acquires $460 Million Portfolio of Multifamily Assets

Greystar Real Estate Partners has acquired a $460 million portfolio of multifamily housing assets from Inland American Real Estate Trust Inc. The deal was structured as a two-staged close with the second closing taking place on Aug. 28. The portfolio consists of 14 apartment communities containing 4,371 rental units. The various communities are spread across five major markets -- Dallas, Houston, Louisville, Oklahoma City, and San Antonio -- each of which has exposure to America's growing domestic energy industry. Read more.