Greystar Real Estate Partners completes take-private EdR buyout
Greystar Real Estate Partners has acquired EdR, a developer, owner and manager of collegiate housing communities. The value of the deal was about $4.6 billion. As a result of the transaction, EdR stopped trading on the New York Stock Exchange. BofA Merrill Lynch served as financial adviser to EdR while J.P. Morgan Securities did likewise for Greystar. JPMorgan Chase Bank, N.A. provided debt financing for the transaction.
20 September 2018•4 mins read
