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Varia US, Brookfield Launch $694M Multifamily Joint Venture

Varia US Properties AG, the Swiss-listed investor in the U.S. multifamily sector, externally managed by Stoneweg, an SWI Group Company, has formed a US$693.9 million two-vehicle joint venture with aff

NNN Triple Net Staff1 min read

Varia US Properties AG, the Swiss-listed investor in the U.S. multifamily sector, externally managed by Stoneweg, an SWI Group Company, has formed a US$693.9 million two-vehicle joint venture with affiliates of Brookfield Asset Management for 13 of Varia’s 17-property U.S. multifamily portfolio. The JV provides access to up to US$200 million equity capital to fund...

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