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Investcorp Acquires Bicoastal Multifamily and Senior Living Portfolio for $200M

Global alternative investment firm Investcorp purchased a portfolio of three residential assets totaling 463 units in the Los Angeles and New York metropolitan areas for approximately $200 million, th

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Summary

Global alternative investment firm Investcorp purchased a portfolio of three residential assets totaling 463 units in the Los Angeles and New York metropolitan areas for approximately $200 million, the company announced Tuesday.

The acquisition involves two senior living facilities in New York and California and one multifamily complex in New Jersey.

The properties boasted an […]

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