Vancouver-based Trez Capital is part of a joint venture involving global real estate developer and investor Hines, which has sold a massive portfolio of 11 master-planned communities under development in Texas to Starwood Capital Group for $1.15 billion.
CAPREIT and its majority-owned subsidiary European Residential REIT are selling of a portfolio of 1,446 apartments in the Netherlands for $522 million, another $39-million property, and intend to sell ERES’ remaining properties and wind up the trust.
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