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3650 Capital Provides $104M Pref Equity Injection Into $455M Acquisition

3650 Capital is at it again, this time coming in with a sizable preferred equity injection into a 1,500-unit multifamily portfolio in Chicago.   As part of LaTerra Capital Management and Respark Resid

Summary

3650 Capital is at it again, this time coming in with a sizable preferred equity injection into a 1,500-unit multifamily portfolio in Chicago.

As part of LaTerra Capital Management and Respark Residential’s acquisition of a seven-property, 1,495-unit multifamily portfolio in the Chicago area from Aimco, a $455 million transaction, 3650 Capital provided $104 million in […]

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