Greystar-led fund to acquire Monogram for about $3 bln
A fund led by Greystar Real Estate Partners will acquire Monogram Residential Trust Inc, an operator and developer of luxury apartment communities, for a consideration of $12 per share or about $3 billion. The fund's other investors include APG Asset Management N.V., GIC, and Ivanhoe Cambridge. Morgan Stanley served as financial adviser to Monogram. Morrison & Foerster is representing Morgan Stanley on the deal.
5 July 2017•2 mins read
